{"id":12964,"date":"2025-02-13T18:32:34","date_gmt":"2025-02-13T18:32:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12964"},"modified":"2025-02-13T18:32:34","modified_gmt":"2025-02-13T18:32:34","slug":"japans-gaming-developer-purchases-bitcoins-worth-6-6-million-as-its-corporate-strategy","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12964","title":{"rendered":"Japan\u2019s Gaming Developer Purchases Bitcoins Worth $6.6 Million As Its Corporate Strategy"},"content":{"rendered":"<div>\n<p>The Japanese gaming developer, Gumi, <a href=\"https:\/\/ssl4.eir-parts.net\/doc\/3903\/tdnet\/2561440\/00.pdf\" target=\"_blank\" rel=\"nofollow\">announced<\/a> on 10 February 2025, its intention of investing more than $6.5 million in Bitcoins (BTC) as a part of its corporate strategy. In terms of Japanese Yen, this is equivalent to an investment of 1 billion.<\/p>\n<p>This news comes in as Bitcoin remains at elevated levels, up approximately 100% year-on-year, near $96,000.<\/p>\n<p>The gaming company has already made <a href=\"https:\/\/gu3.co.jp\/en\/blockchain\/\" target=\"_blank\" rel=\"nofollow\">progress<\/a> in the blockchain gaming sector and node operations. Gumi wants to use acquired Bitcoins as security collateral against its other blockchains, as a step to diversify company revenue and establish stronger footholds in the emerging digital economy.<\/p>\n<p>Keeping in line with the acquisition, the company also became the first publicly listed firm to function as a validator in the Babylon staking protocol. This is expected to generate secondary revenue for Gumi by staking its surplus Bitcoin funds and earning validator rewards, in addition to potential profits from increases in Bitcoin\u2019s price.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Tokyo-listed game developer <a href=\"https:\/\/twitter.com\/gumi?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@gumi<\/a> is set to acquire $6.58M in Bitcoin as part of its Web3 expansion strategy. <\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f3ae.png\" alt=\"\ud83c\udfae\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">Gumi aims to generate returns from both BTC appreciation and blockchain validation rewards.<\/p>\n<p>Huge companies across various sectors are increasingly adding Bitcoin to\u2026 <a href=\"https:\/\/t.co\/50JQcW6ZqB\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/50JQcW6ZqB<\/a><\/p>\n<p>\u2014 Sad Creator (@SadCreatorTalks) <a href=\"https:\/\/twitter.com\/SadCreatorTalks\/status\/1889634557533757626?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 12, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The company shared that its crypto holdings will be evaluated quarterly. Gumi will record any unrealized gains or losses in its income statement. The company\u2019s stock <a href=\"https:\/\/finance.yahoo.com\/quote\/3903.T\/?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAAHjwAOh4OidCVSnAH79iOBRlZxMfuYkMJ5wi7p_69kFi-vEmmlGT6eghA5egrvlV2O_xfDDq8IDBoUVQgAzKGG-XcYiJy4MJ0N7zvPJ104fFOEL0kHXIEZkXIPETIj5CNVG3o2PIvMoixp2J5iosmYmmgAgHJIBwCwK1J4OdpyOI\" target=\"_blank\" rel=\"nofollow\">rose<\/a> 3.65% on Tuesday, 11 February 2025, to close at $2.98.<\/p>\n<p>A company spokesperson said, \u201cThe company is promoting various initiatives to further strengthen its financial sector in the blockchain and other businesses, which are the pillars of its growth business.\u201d<\/p>\n<p><strong>Explore<\/strong>:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/sui-review\/\" rel=\"\">What is Sui? SUI Review &amp; Beginner\u2019s Guide<\/a><\/p>\n<h2>Gumi Joins List Of Companies Betting On Bitcoin As Inflation Hedge<\/h2>\n<p>Companies are increasingly adding bitcoins to their portfolio as a hedge against inflation and as a long-term store of value.<\/p>\n<p>MicroStrategy, which recently rebranded as \u2018Strategy\u2019, leads as the largest corporate holder of Bitcoin. The company headed by Michael Saylor has over 478,740 BTCs following its recent purchase of Bitcoins last week.<\/p>\n<p>This move has also inspired others including Metaplanet, a Tokyo-based hotel and investment firm.<\/p>\n<p>Known as Asia\u2019s MicroStrategy, Metaplanet plans to raise its Bitcoin Holdings to 10,000 BTC by 2025 and 21000 BTC by 2026. The company saw its stock rise by a whopping 3575% last year due to its aggressive BTC accumulation strategy. The company went on to become the best-performing stock worldwide in 2024 according to their recent earnings presentation.<\/p>\n<p>India\u2019s Jetking recently added Bitcoin to its reserves very recently. And the move got the attention of Strategy Co-Founder and Chairman Michael Saylor.<\/p>\n<p>On 10th February 2025, Saylor posted about Jetking\u2019s Bitcoin move on X.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Jetking is India\u2019s first publicly traded company to adopt the Bitcoin Standard. CFO <a href=\"https:\/\/twitter.com\/sidbharwani?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@SidBharwani<\/a> of <a href=\"https:\/\/twitter.com\/JetkingLtd?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@JetkingLtd<\/a> explains why in the interview below:<\/p>\n<p>Timecodes:<br \/>00:00 \u2013 Intro<br \/>01:53 \u2013 The story of Jetking; Who is Siddarth Bharwani?<br \/>04:47 \u2013 Why adopt Bitcoin for Jetking\u2019s balance\u2026 <a href=\"https:\/\/t.co\/ZvyToehiMx\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/ZvyToehiMx<\/a><\/p>\n<p>\u2014 Michael Saylor<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/26a1.png\" alt=\"\u26a1\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1888665754406396177?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 9, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Meanwhile, a US-based company, Rumble, announced allocating $20 million of its cash reserve into Bitcoin.<\/p>\n<p>KULR Technology, an energy storage\u00a0company,\u00a0fortified\u00a0its balance sheet by\u00a0purchasing\u00a0510 BTC. In\u00a0another\u00a0intriguing\u00a0news,\u00a0medical technology company Semler Scientific\u00a0raised\u00a0its\u00a0stakes\u00a0to 3,192 BTC\u00a0after\u00a0purchasing\u00a0$88.5 million\u00a0worth\u00a0of assets\u00a0last\u00a0week.<\/p>\n<div class=\"output-content\">Furthermore, AI education firm Genius Group has planned a $120 million investment in Bitcoin. There is also Thumzup Media, a social media marketing company, who has entered the crypto space by making its first significant investment, acquiring approximately $1 million in BTC.<\/div>\n<p><strong>Explore<\/strong>:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/nvidias-ces-2025-showcase-revolutionizing-ai-gaming-and-beyond\/\" rel=\"\">Nvidia\u2019s CES 2025 Showcase: Revolutionizing AI, Gaming And Beyond<\/a><\/p>\n<h2><strong>Convergence Of Bitcoin And Gaming\u00a0<\/strong><\/h2>\n<p>The intersection of bitcoin and gaming has opened up exciting avenues for both industries. Bitcoin provides gamers with an alternative payment method that transcends traditional financial systems, ensuring security, anonymity and transparency.<\/p>\n<p>Many gamers embrace Bitcoin as a payment option to buy game credits, virtual items and access to premium features of a game. Also, blockchain technology has enabled the emergence of decentralised gaming, allowing players to trade virtual assets safely and securely.<\/p>\n<p>Games built on blockchain incorporate NFTs, allowing players to own unique in-game assets that can be further traded or sold.<\/p>\n<p>These innovations have changed the concept of digital ownership of games and have helped gamers monetize their gaming experiences.<\/p>\n<p><strong>Explore<\/strong>:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/theres-a-secret-bullrun-catalyst-bigger-than-us-bitcoin-reserve-that-no-one-is-talking-about\/\" rel=\"\">There\u2019s a Secret Bullrun Catalyst Bigger than US Bitcoin Reserve That No One is Talking About<\/a><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/japans-gaming-developer-purchases-bitcoins-worth-6-6-million-as-its-corporate-strategy\/\">Japan\u2019s Gaming Developer Purchases Bitcoins Worth $6.6 Million As Its Corporate Strategy<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Japanese gaming developer, Gumi, announced on 10 February 2025, its intention of investing more than $6.5 million in Bitcoins (BTC) as a part of its corporate strategy. In terms of Japanese Yen, this is equivalent to an investment of 1 billion. This news comes in as Bitcoin remains at elevated levels, up approximately 100% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12964","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12964"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12964\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}