Japanese clothing brand Mac House purchases 17.51 bitcoins for proof of concept

According to reports, Mac House, a Japanese company, has today purchased 17.51 bitcoins, marking the first use for its 'proof of concept' (PoC) project. The total transaction amount reached 300 million yen, with an average purchase price of 17.1355 million yen per bitcoin. The funds came from the company's surplus, accounting for less than 10% of its cash and deposits. The company plans to consider fully developing its cryptocurrency holding and management system based on the PoC test results and will explore further business expansion in the future. Previously, the company had stated that its bitcoin reserve strategy target is set at 1,000 bitcoins.