$BTC
Bitcoin for Balance Sheet: Another Japanese Firm Mulls Michael Saylor's BTC Strategy
A Tokyo-listed company is looking to raise funds to buy bitcoin, expanding the trend in Japan of adopting BTC as a corporate treasury asset.
By Francisco Rodrigues|Edited by Stephen Alpher
Aerial view of Tokyo, Japan.
Value Creation plans to add 100 million yen (roughly $700,000) in BTC to its balance sheet over the next four months.
The move would bring the firm’s total holdings to 300 million yen (or about $2.1 million).
The rather modest accumulation comes amid growing institutional interest in bitcoin across Japan.
