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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Another Japanese company accelerated its Bitcoin purchases after Metaplanet! Here is the amount of BTC it recently purchased.
Tokyo-based fashion company ANAP Holdings has significantly increased its Bitcoin holdings by buying an additional 50.56 BTC in the last two days. According to the company's latest corporate announcement, with this recent purchase, the company's total Bitcoin reserve has now reached 153.4627 BTC.
Japanese Fashion Brand ANAP Holdings Increases Bitcoin Reserves with New Buy Out
This move reflects ANAP Holdings' determination to integrate digital assets into its treasury strategy and contributes to the increasing number of public companies turning to Bitcoin as a hedge against inflation and currency fluctuations in Japan and globally.
While ANAP is known for its trend-focused fashion collections, it has recently increased its interest in Web3 technologies and blockchain-based finance. This recent BTC acquisition indicates a deepening belief in the long-term value and role of cryptocurrencies in the modern economy.
The company did not disclose the purchase price or the timing of the transactions, but this addition has raised the total value of ANAP's Bitcoin to millions of dollars based on current market prices.
ANAP Holdings is one of the few publicly traded companies in Japan that has announced active Bitcoin investments, and this situation indicates a potential change in the norms of institutional finance in the region.
*It is not investment advice.
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