The Tokyo-based listed firm plans to acquire Bitcoin as part of a mid-term asset allocation strategy aimed at mitigating inflation and yen depreciation through March 2029.
Japanese listed company Daimiteto (ticker 3205) has approved a plan to purchase Bitcoin worth up to ¥1 billion as part of its asset allocation strategy through March 2029. The initiative aims to diversify assets and protect against inflation and the depreciation of the Japanese yen. This reflects a growing trend among companies seeking cryptocurrency exposure to reduce reliance on traditional currency holdings.