Tokyo Tech Firm Plans to Add Bitcoin to Its Balance Sheet, Joining Growing Trend in Japan
Value Creation (9238), a logistics and technology company listed on the Tokyo Stock Exchange, has announced plans to purchase an additional 100 million yen (approximately $700,000) worth of Bitcoin (BTC) over the next four months, signaling its continued commitment to incorporating the cryptocurrency into its treasury strategy.
This follows the company’s previous purchase of around 200 million yen ($1.4 million) in BTC, further expanding its exposure to digital assets. The new investment is being funded from surplus capital that has been earmarked for future growth opportunities, according to the company’s statement.
While the move is modest in scale, it is part of a larger trend sweeping across Japan, where an increasing number of companies are adopting Bitcoin as part of their corporate balance sheets. Once hesitant, Japanese businesses are now following suit, with several already making similar moves. Notable examples include Remixpoint, NEXON, and Metaplanet, the latter of which holds the largest corporate Bitcoin stash in Japan, with 4,525 BTC on its balance sheet.