The number of companies adopting the strategy of MicroStrategy, the largest institutional Bitcoin investor, is growing rapidly.
At this point, the latest news came from Japan. Accordingly, the Japanese giant company ANAP bought 10 billion yen (about $70 million worth) of Bitcoin.
According to the official statement, Japanese fashion brand ANAP announced that it purchased BTC for its treasury.
The notification regarding the Bitcoin purchase included the following statements:
“We purchased Bitcoin as part of our group’s investment strategy by decision of the Board of Directors.
The global trend towards Bitcoin being viewed as a major global asset alongside the US dollar and gold is irreversible.
We believe that its presence will continue to grow in the medium to long term and that there is sufficient room for its value to increase against the Japanese yen.
On February 3, 2025, we established ANAP Lightning Capital, Inc. as a consolidated subsidiary and began investment activities as new businesses. In this context, we decided to invest in Bitcoin.”
The move follows similar Bitcoin investments by Japanese companies, with another Japanese firm, Metaplanet, also raising $70 million to buy more Bitcoin.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/while-everyones-talking-about-microstrategy-a-giant-japanese-company-quietly-bought-bitcoin-btc/