Listed on the Tokyo Stock Exchange, Kitabo Co., Ltd., a textile manufacturer with a century-long history in Japan, intends to buy as much as ¥800 million, or around $5.4 million, worth of Bitcoin. In order to earn a return, the corporation may lease part of the digital asset to crypto lending services and employ dollar-cost averaging to buy it gradually via domestic exchanges.

Bitcoin strategy marks pivot toward digital and real-world asset ventures

Kitabo reported a net loss of $379,357 (¥55.8 million) and negative operational cash flow of $52,348 (¥7.7 million) in fiscal 2025, after even higher losses in fiscal 2024, even though year-over-year sales increased by 24.7%. The business obtained cash via a Fourth Series of Stock Acquisition Rights to support the Bitcoin acquisitions, which bolstered its financial situation.

Kitabo has announced that it is entering the cryptocurrency and real‑world asset business, and including Bitcoin into its financial statements. This move will enable it to provide cross-border services by forming collaborations with international companies. According to those in the know, this is only the latest example of a larger trend among Asian corporations that are seeking financial stability via the use of Bitcoin as a hedge against currency debasement.

Kitabo joins other Japanese companies that are using such tactics, such as Metaplanet, which now has thousands of Bitcoin on its balance sheet.

Highlighted Crypto News Today:

Bank of England May Scrap CBDC Plans Amid Mounting Concerns