An artificial intelligence firm listed on the Tokyo Stock Exchange plans a significant Bitcoin investment to hedge against Japan's increasing financial uncertainty.
The AI-focused company cited concerns over the depreciating Japanese Yen and rising inflation risks as primary reasons for its upcoming Bitcoin acquisition. Over the next 12 months, the firm aims to accumulate a total of 3,000 BTC, a move expected to intensify the competition among Japanese corporations investing in Bitcoin.
Initially, the company will purchase approximately 14.8 billion yen ($100 million) worth of Bitcoin, financing this move through debt. Gradually continuing its Bitcoin purchases, the firm aims to diversify its assets, providing a buffer against economic volatility.
With this strategy, the company seeks to surpass other major Bitcoin-holding corporations, positioning itself as the second-largest publicly traded Bitcoin holder in Japan.
