Japanese Game Studio Gumi has approved the purchase of $ 6.6 million bitcoin to double the blockchain stacking.
A Japanese mobile game studio is looking to strengthen its crypto appearance with Gumi Inc., a major bitcoin (BTC) purchase. In 10 February Press releaseThe Tokyo-list firm revealed that its board of directors approved the purchase of bitcoins of JPY 1 billion (about $ 6.58 million) by May to expand its blockchain node operation business.
Following this news, Gumi’s stocks saw an increase of 3.6%, which, according to Google Finance data, reached 454 (about $ 3). Gumi also unveiled that in Q2 of the financial year ending in April, the staking protocol would become the first publicly listed company in Japan to participate as a verification in Babylon.
“Through this initiative, we aim to further strengthen our node operation business and increase our appearance in the web 3 domains.”
Gumi
Gumi plans to use her bitcoin holdings for staking through Babylon, with the expectation of benefit from an increase in the potential price of bitcoin, as well as earning revenue from stacking and verification awards. The studio plans to regularly assess its crypto holdings and record any profit or loss in its financial statements.
Gumi’s move combines the growing trend of Asian companies adopting Crypto. Back in December 2024, a Japanese energy and motor vehicle counseling company Remixpoint added more bitcoin to $ 1.38 million to its portfolio, leading to its total crypto holdings to $ 27.59 million. Meanwhile, in April 2024, a bitcoin standard step of Metaplanet promoted its stock jump in the top 50 of Japan by trading volume, and now the company is targeting 21,000 BTC by 2026.
