News View Non-AMP

Tokyo’s Gaming Giant Gumi Inc. to Invest $6.58M in Bitcoin to Expand Web3 Presence

Published by
Mustafa Mulla

Tokyo-based gaming company Gumi Inc. is making a bold move into Bitcoin. The company has announced plans to invest ¥1 billion (around $6.58 million) in BTC between February and May 2025, marking a major step in its Web3 expansion.

Let’s take a closer look at Gumi’s big bet on Bitcoin and what it could mean for the future.

Why Is Gumi Investing in Bitcoin?

Known for its popular mobile game Final Fantasy: Brave Exvius, Gumi sees Bitcoin as both a financial asset and a tool for blockchain growth. The company aims to strengthen its position in the Web3 space by incorporating Bitcoin into its business strategy.

Gumi also plans to regularly assess its crypto holdings and report any gains or losses in its financial records, ensuring transparency.

Gumi’s Blockchain Plans

Gumi is doing more than just buying Bitcoin – it’s also investing in blockchain infrastructure. The company recently became Japan’s first publicly traded firm to serve as a validator for the Babylon protocol, a project focused on Bitcoin staking.

By staking BTC, Gumi hopes to earn rewards while benefiting from potential price increases. The company will also evaluate the fair market value of its holdings every quarter and update its financial reports accordingly.

Growing Bitcoin Adoption in Japan

Gumi isn’t the only Japanese company embracing Bitcoin. Metaplanet Inc., a financial advisory firm, has also adopted a Bitcoin treasury strategy. The company currently holds 1,762 BTC and has plans to increase its reserves to 10,000 BTC by the end of the year.

Meanwhile, Japan’s government has been making regulatory changes to encourage cryptocurrency adoption. In June 2023, the National Tax Agency revised tax laws to exempt crypto issuers from 30% corporate taxes on unrealized gains.

With increasing corporate and regulatory support, Japan is emerging as a key player in the global Bitcoin and Web3 landscape.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Altcoin Season Might Start This Week – Here’s Why Crypto Traders Say So!

The Altcoin season-long wait might finally be over. Popular crypto trader Rogue Crypto believes that…

April 24, 2025

Crypto Price Today: Dogecoin Dips While Bitcoin Price Steadies Amid Tariff News

The crypto market today experienced a pullback, with major cryptocurrencies slipping as profit-taking kicked in…

April 24, 2025

Upbit Suspends SNX Deposits Amid Volatility and Investment Warning

Upbit has announced that it will suspend Synthetix (SNX) deposits starting from April 24 at…

April 24, 2025

Coinstore at TOKEN2049, Connect and Innovation for a Crypto Future

Coinstore, a leading global cryptocurrency exchange, has announced its participation in TOKEN2049 Dubai, one of…

April 24, 2025

Crypto Expert Predicts $1,000 XRP: Can Ripple Repeat Bitcoin’s Rise?

XRP is currently retesting important levels after a brief rally. While far-fetched XRP price predictions…

April 24, 2025

Crypto Market Live Today: Here is the Next Crypto to Hit $100 This Month

The markets began the weekly trade on a huge bullish note, with the price of…

April 24, 2025