Japanese Gumi announces $6.6 million bitcoin purchase
Tokyo-listed mobile game studio Gumi Inc. announced plans to purchase Bitcoin worth 1 billion Japanese yen (approximately $6.58 million) between February and May 2025.
The move, part of a broader strategy to strengthen its node operation business and expand its presence in the Web3 domain, highlights a growing trend of corporate diversification into digital assets, reports The Block.
Strategic Bitcoin Investment for Blockchain Expansion
In a statement, Gumi Inc. explained that the decision to acquire Bitcoin is aimed at bolstering the company’s financial standing as it pursues new blockchain ventures. By integrating Bitcoin into its treasury, Gumi expects to generate secondary revenue through participation in the bitcoin staking protocol Babylon, where it has already become the first listed company in Japan to act as a validator during the fiscal year ending April 2025.
The company will conduct quarterly fair market value assessments of its cryptocurrency holdings, recording any gains or losses in its income statement—a practice that underscores its commitment to transparent financial management in the evolving crypto landscape.
A Broader Industry Trend in Japan
Gumi, founded in 2007 and listed on the Tokyo Stock Exchange since 2014, has established itself as a prominent player in mobile gaming with titles like Final Fantasy: Brave Exvius and Brave Frontier. The company also operates gumi Cryptos Capital (gCC), a venture capital firm investing in early-stage blockchain and crypto companies. Its recent announcement comes as its stock price rose 3.65% to 454 yen, reflecting investor optimism over its strategic pivot toward digital assets.
Meanwhile, Japanese investment adviser Metaplanet Inc. claims to be the first publicly traded company in Japan to establish a Bitcoin treasury. Metaplanet currently holds 1,762 BTC and aims to expand its reserves to 10,000 BTC by year-end, further underscoring the growing institutional interest in Bitcoin across the country.
As Gumi and its peers continue to explore blockchain innovation, industry observers will closely monitor whether these strategic investments can drive long-term growth and redefine corporate participation in digital asset markets.
Recently we wrote, that North Carolina has introduced a bill that would allow the state treasurer to invest in digital assets, potentially positioning the state as a leader in Bitcoin adoption at the government level.
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