Another organization joins cryptocurrency 💥💥 Japanese clothing chain Mac House enters BTC
Mlion.ai news, the Japanese clothing chain Mac House has released specific plans for future investments in cryptocurrency assets. The company plans to start purchasing Bitcoin from 2025, using a 'dollar-cost averaging' method for regular fixed investments, and will flexibly adjust the timing and amount of purchases during significant market declines. The funding for this investment comes from a completed third-party private placement, totaling 1.715 billion yen. This financing is managed by EVO FUND, which previously supported Japanese companies Meta Planet and Remix Point in implementing similar Bitcoin reserve strategies. Additionally, Mac House has previously announced a comprehensive partnership with cryptocurrency mining company Zero Field to enter the Bitcoin mining sector.
Mlion.ai brief commentary
Good news for BTC! Japanese company’s 1.715 billion yen fixed investment bomb ignites the crypto circle, Mac House teams up with mining companies to build a Bitcoin empire! The dollar-cost averaging method starting in 2025 may rewrite the institutional entry script. Beware that the accumulation plan may turn into a perfect cover for high-level distributions by the market makers!
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