Exchanges· ★★· bullish·

Bitcoin Japan to buy $1 million of BTC for the first time via subsidiary

  • —The initial investment is capped at $1 million (about 155 million yen)
  • —Funding comes from a July issuance of convertible bonds with warrants
  • —The company changed its name from Hotta Marusho in 2025 after an investment from Bakkt
  • —The strategy is long-term BTC holding, not maximizing volume or trading
Why it matters: Another public company is moving to actual BTC purchases after long promises, supporting corporate treasury demand for bitcoin.
#BTC
Source: CoinDesk Japan
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