Gumi Inc., a Tokyo-listed mobile game studio, is deepening its involvement in the crypto space with a major Bitcoin acquisition.
In a recent press release, the company announced that its board of directors had approved a plan to purchase Bitcoin worth 1 billion JPY (approximately 6.58 million) by May. This investment is part of Gumi’s broader strategy to strengthen its blockchain node operations, reinforcing its long-term commitment to expanding within the crypto industry.
According to Google Finance data, the market responded positively to the news, with Gumi’s shares rising by 3.6% to ¥454 (approximately 3). Alongside this development, the company also revealed its plans to become Japan’s first publicly listed firm to serve as a validator for the staking protocol Babylon. This role, set to commence in the second quarter of the fiscal year ending in April, marks a significant milestone in Gumi’s blockchain ambitions.
Gumi explained that the motivation behind these initiatives is to enhance its node operation business and strengthen its presence in the web3 space. In a translated statement, the company noted,
“Through this initiative, we aim to further strengthen our node operation business and enhance our presence in the web3 domain,”
Gumi plans to stake its Bitcoin through Babylon to further capitalize on its crypto holdings, seeking price appreciation and additional revenue from staking and validator rewards. In line with its financial strategy, the company will regularly assess its crypto assets and record any gains or losses in its financial statements, ensuring transparency in its approach to digital asset management.
Gumi’s latest move aligns with a growing trend among Asian companies embracing cryptocurrency. In December 2024, Remixpoint, a Japanese energy and automotive consulting firm, expanded its Bitcoin holdings with a $1.38 million purchase, bringing its total crypto assets to $27.59 million. This increasing adoption highlights the region’s evolving stance on digital assets as companies seek new avenues for growth and diversification.
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