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Bakkt plans to convert a traditional Japanese firm into a Bitcoin investment vehicle. Marusho Hotta, a little-known Tokyo Stock Exchange company, is set for a radical makeover as Bakkt takes a 30% stake, installs its own CEO, and rebrands it as bitcoin.jp. Summary Bakkt will acquire a 30% stake in Tokyo-listed Marusho Hotta, installing its president as CEO and rebranding the firm to bitcoin.jp.The deal transforms Marusho Hotta into a Bitcoin-focused treasury entity, mar