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- 🚀 Gate Square “Gate Fun Token Challenge” is Live!
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If delivery is unavailable, th
There is Bitcoin news from Japan! They had announced their intentions in February!
Japanese video game developer Gumi Inc. announced that it has bought Bitcoin worth 1 billion yen, approximately 7 million dollars.
The company announced this purchase to the public with an official press release in line with the decision made at the board meeting held on February 10, 2025.
The details were shared as follows:
Gumi stated that it will conduct market valuation of its Bitcoin assets every quarter and that any increase or decrease in value will be reflected in the income statement. Additionally, it mentioned that it would inform investors in a timely manner in case of significant financial impact.
Another noteworthy detail in the statement is that Gumi plans to actively continue its Bitcoin purchases. It was also stated that new purchase decisions will be shared with the public in a timely manner.
Companies from various sectors are increasingly adding Bitcoin to their portfolios as a hedge against inflation and a long-term store of value.
*It is not investment advice.
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