The Japanese gaming and blockchain company Gumi has announced an investment of 1 billion yen ($ 6.5 million) in Bitcoin (BTC) in a letter of 10 February to the market.
The investment will take place from February to May and will represent 4.3% of the $ 150 million market capitalization of Gumi. After the news, Gumi shares climbed 3.65%.
The company also revealed that it became the first listed Japanese company that participated as a validator for the BTC strike Protocol Babylon ending in the second quarter of the financial year on April 2025.
Babylon allows users to set their bitcoin to earn rewards. The BTC used is used as security for other protocols, creating a Bitcoin secure network layer. TThe protocol has locked more than $ 5.4 billion in total value (TVL), based on Defillama facts.
The GUMI board of directors approved the purchase as part of its strategy to strengthen financial activities within his blockchain-oriented activities, which has become a central pillar of the growth of the company.
According to Babylon’s websiteGumi has 7.99 BTC – more than $ 770,000 worth the platform and earns a committee of 5%.
Turn off BTC
Gumi anticipates new sources of capital valuation and extra validator solutions by buying and using Bitcoin for the expansion.
The decision is in line with the company’s web3 ambitions because it wants to deepen its presence in decentralized financial (Defi) and blockchain-based financial services.
In particular the Gumi website reveal The company is already a junction operator for eight block chains, including Ethereum, Sui and Avalanche.
Moreover, the Japanese gaming publisher has a blockchain unit that is responsible for efforts in combining games and non-fungal tokens (NFTs). Gaming companies Capcom and Double Jump are reported as Gumi Partners.
The Gumi website also emphasizes investments in the NFT marketplace OpenSea and the Gaming-oriented decentralized organization Guild Guild Games.
The company is planning to perform every three -month valuations of his Bitcoin interests and to include profits or losses in its annual accounts. It has also stated that any significant financial impact of this investment will be announced immediately.
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