Japanese Listed Company Daito Rimetto Resolves to Purchase Bitcoin, Cap of 1 Billion Yen

Odaily News Japanese listed company Daito Rimetto (Securities Code: 3205) announced that its board of directors has passed a resolution to plan the purchase of Bitcoin (BTC), with a maximum purchase amount of 1 billion yen.

The announcement indicates that this move is based on the asset allocation arrangements in the company's medium-term management plan up to March 2029, intending to incorporate a portion of funds into the asset portfolio in the form of BTC. The company stated that this initiative aims to address inflation and yen depreciation risks, achieve asset diversification and risk dispersion, and believes that BTC possesses characteristics such as a limited total supply and low correlation with traditional assets.