Value Creation | Japanese Firm Invests in Bitcoin

Japan’s interest in Bitcoin is growing and Value Creation, a real estate company listed on the Tokyo Stock Exchange, just purchased 8.02 bitcoin.

The company paid around 100 million yen (670,000 USD) to buy the digital currency at an average price of 83,110 USD per BTC. This is a big change in how traditional Japanese companies view bitcoin, treating it as a financial asset.

Value Creation’s announcement translated to English

The Value Creation board of directors approved the bitcoin purchase on March 12 and the acquisition was completed on March 17.

The company, which focuses on real estate and digital transformation, previously had reservations about…

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