Partnership Announcement
Triple Eyes Group, headquartered in Minato, Tokyo, has revealed that its subsidiary, Zero Field, has signed a fundamental agreement with Mac House concerning cryptocurrency business collaboration. This partnership aims to bolster Mac House's endeavors in the cryptocurrency space, with Zero Field providing execution support and information based on its established expertise in cryptocurrency and mining.
Background and Competitive Landscape
In recent years, the cryptocurrency market has experienced significant growth, fueled by developments such as the approval of Bitcoin spot ETFs and the entry of institutional investors. This momentum is accompanied by improved regulatory frameworks and a rising interest among businesses in Japan to venture into the cryptocurrency market.
In the context of the AI era, Triple Eyes Group believes that cryptocurrencies—viewed as digital assets circulating globally—can not only stimulate the creation of new economic zones but also expand business opportunities through integration with AI technologies. Zero Field has positioned itself as a vital contributor to enhancing the overall quality of the cryptocurrency ecosystem.
Since 2017, Zero Field has been operational in the cryptocurrency mining industry, maintaining six locations domestically and internationally. With a focus on optimizing site designs and equipment selections based on localized power characteristics, the company has achieved high operational rates and profitability. Their ongoing efforts to tackle challenges related to power costs, environmental sustainability, and remote operations have fortified their competitive advantage.
The new agreement will leverage Zero Field's established mining infrastructures and technical know-how to support the reliable execution of Mac House’s strategies, aiming for a sustainable and stable cryptocurrency business that promotes healthy market expansion.
Scope of Support from Zero Field
Zero Field's support will include:
- - Assistance in site selection and construction for mining facilities
- - Equipment selection, installation, and operational support
- - Sustainable design incorporating power cost optimization and ESG compliance
- - Provision of insights on cryptocurrency market trends and technological advancements
- - Technical support for future NFT and blockchain applications
- - Support for Bitcoin treasury operations
This will facilitate the smooth implementation of Mac House's unique dual strategy involving “purchase (holding)” and “mining (extraction)” in the cryptocurrency domain.
Future Prospects
This foundational agreement marks a significant milestone, and Zero Field will further drive the expansion of cryptocurrency mining through its support of Mac House's initiatives. Looking ahead, the company aims to continue enhancing its mining operations while also exploring applications in the AI sector, thereby striving to achieve both business growth and stable operations through infrastructure expansion and technical enhancement.
The impact of this agreement on consolidated financial results is expected to be minimal. Should any noteworthy developments arise, we will promptly provide updates as necessary.
Company Overview
Mac House Co., Ltd.
Representative: Takashi Ishino
Location: SKT Building 6F, 1-7-7 Umejima, Suginami, Tokyo
Established: June 1, 1990
Business Description: Retail sector specializing in casual clothing, operating a nationwide chain store format.
Corporate Website: Mac House
Zero Field Co., Ltd.
Representative: Ryousuke Hirashima
Location: 3-4-1 Shibaura, Minato, Tokyo
Established: April 2017
Business Description: Cryptocurrency mining, AI and data center operations, among others.
Corporate Website: Zero Field
Contact Information
For inquiries, please reach out to the Management and Public Relations IR Group at Zero Field through their website:
Zero Field Contact