Two large corporate entities are pouring big money in cryptocurrencies, and the corporate surge into Bitcoin doesn’t appear to be slowing down. With its bold 1 billion yen ($6.7 million) Bitcoin acquisition, Japanese game producer Gumi is creating waves. Meanwhile, KULR Technology Group is also growing its already considerable cryptocurrency holdings.
The way traditional businesses perceive digital assets has changed significantly as a result of this spike in institutional interest.
Japanese Mobile Gaming Publisher Gumi (3903, mkt cap $150M) announces plan to buy 1b Yen Worth of Bitcoin.
Becomes first listed company in Japan (world?) to participate in Bitcoin staking protocol Babylon as a validator. pic.twitter.com/37nhunaIiX
— matthew sigel, recovering CFA (@matthew_sigel) February 11, 2025
Japanese Gaming Giant Makes Historic Leap In Crypto
Gumi has revealed its intentions to stake Bitcoin via the Babylon protocol, a bold move that is drawing attention in the Japanese business community. The company is using Bitcoin rather than merely purchasing it.
Gumi will systematically buy 1 billion yen worth of Bitcoin between February and May 2025, becoming the first Japanese publicly traded entity to engage in crypto staking. This calculated move demonstrates how corporate crypto efforts are becoming more complex.
Storage To Yield: Development Of Corporate Bitcoin Strategy
The days of companies simply holding Bitcoin in their treasuries are fading fast. This new strategy is best demonstrated by KULR Technology Group, which has
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Author: Christian Encila
