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Japanese listed gaming company Enish announced the purchase of Bitcoin worth 100 million yen.
PANews reported on April 3 that Enish, a Japanese gaming company listed on the Tokyo exchange, announced on April 1 that it has completed a strategic acquisition of Bitcoin worth 100 million yen (approximately 660,000 USD). This Bitcoin acquisition aims to deepen the understanding of Blockchain technology and strengthen the technical capabilities of game development. Enish stated that it positions its investment in Crypto Assets as an important part of its financial strategy, expecting to achieve diversification of financial assets while also looking forward to the profit opportunities brought by the liquidity, market capitalization stability, and future price rise of Bitcoin. In addition, the company will allocate part of its liquid funds to Bitcoin assets in order to strengthen its business foundation and enhance its technical level. Regarding the held Bitcoin assets, the company plans to conduct market capitalization assessments quarterly and account for valuation gains and losses in the profit and loss statement. If any major events that may affect performance occur, information will be disclosed in a timely manner.