Tokyo-Listed Japanese Fashion Retailer ANAP Buys $70 Million Bitcoin Citing Irreversible Global Trend

Japanese fashion retailer ANAP Holdings has purchased $70 million worth of Bitcoin for its treasury, marking a notable move by a public company in Japan to adopt cryptocurrency as a reserve asset. The Tokyo-listed company highlighted the irreversible global trend of Bitcoin becoming a reserve asset as a key reason for the acquisition. This investment reflects a growing acceptance of Bitcoin in corporate treasury management.

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