Creation of value (9238), a logistics and technology company listed in Tokyo, plans to add 100 million yen ($ 700,000) from Bitcoin (BTC) to its balance sheet in the next four months, according to a press release.
This company had previously bought around 200 million yen ($ 1.4 million) from Bitcoin.
The funds come from the excess capital intended for future investments, said the company.
The movement of value creation is tiny, but does not occur in isolation. A trend is installed in Japan, where companies – once cautious – plunge into the BTC as a treasury reserve. Several companies in the country have adopted BTC, with an energy company RemixPoint, Nexon and Metaplanet among them. Metaplanet is the largest holder of the Japanese company with 4,525 BTC on its balance sheet.
Warning: The information collected for this article has been translated with the use of artificial intelligence.
