The Japanese clothing retailer Mac Housd has been renamed to Gyet, introducing several new cryptocurrency-related services.

BlockBeats News, September 18th, according to Beincrypto, Japanese casual clothing retailer Mac House announced that the shareholders' meeting has approved the company's renaming to Gyet Co. Ltd., marking a strategic transition to the cryptocurrency and digital asset field. The company's amended articles of incorporation include expanded digital businesses such as cryptocurrency acquisition, trading, management, and payment services, as well as cryptocurrency mining, staking, lending, and liquidity mining. Additionally, it covers blockchain system development, NFT-related projects, as well as research on generative artificial intelligence and data center operations.

Prior to this, Gyet had initiated a $11.6 million Bitcoin acquisition plan and tested mining operations in U.S. states with relatively low power costs such as Texas and Georgia, aiming to hold over 1000 BTC.