The creation of value (9238), a logistics and technology firm that lies in Tokyo, hopes to add 100 million yen ($ 700,000) in Bitcoin (BTC) to its balance during the next four months, according to a statement.
This company had previously bought around 200 million yen ($ 1.4 million) in Bitcoin.
The funds come from surplus capital for future investments, said the company.
The value creation movement is small, but it is not happening in isolation. A trend is taking over Japan, where companies, once cautious, are immersing themselves in BTC as a treasure reserve asset. Several companies in the country have adopted BTC, with the energy firm Remixpoint, Nexon and Metaplenet among them. Metaplenet is the major Japanese corporate head with 4,525 BTC in its general balance.
Discharge of responsibility: the information collected for this article was translated with the use of artificial intelligence.
