Aiful Corporation (TSE:8515) has entered into a share transfer agreement to acquire BitCash Inc. on June 20, 2024.

For the period ending March 31, 2024, BitCash Inc. reported total revenue of ¥5 billion, EBIT of ¥1.74 billion and net income of ¥1.13 billion.

The expected completion of the transaction is June 20, 2024 to July 31, 2024.