TechFlow news, September 18 — According to Beincrypto, Japanese casual apparel retailer Mac House announced that its shareholders' meeting has approved the company's name change to Gyet Co., Ltd., marking a strategic shift into the cryptocurrency and digital asset sector.
The company’s revised articles of incorporation now include a broad range of digital businesses, such as cryptocurrency acquisition, trading, management, and payment services, as well as cryptocurrency mining, staking, lending, and liquidity mining. Additionally, the scope covers blockchain system development, NFT-related projects, and research on generative artificial intelligence and data center operations.
Previously, Gyet launched an $11.6 million Bitcoin acquisition program and has been testing mining operations in U.S. states like Texas and Georgia, where electricity costs are relatively low, with the goal of holding over 1,000 BTC.
