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Tokyo Fashion Brand ANAP to Invest ¥11.5 Billion in Bitcoin

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Qadir AK

ANAP Holdings, a casual fashion retailer listed in Tokyo, announced a ¥11.5 billion third-party allocation fully subscribed by Capital Typhoon fund. Of this, ¥8 billion will be settled directly in Bitcoin, while the remaining ¥3.5 billion received in yen will also be converted to Bitcoin. ANAP plans to hold the Bitcoin investment long-term, signaling a strong commitment to crypto as part of its future strategy.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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