Wu said that the 147-year-old Japanese publicly listed company Daito Limate (3205) announced that the company's board of directors has resolved to purchase Bitcoin (BTC), with a maximum purchase amount of 1 billion yen. The announcement shows that this move is based on the company's asset management plan under the mid-term business plan framework for March 2029, incorporating some funds into the asset portfolio in the form of BTC to hedge against inflation and yen depreciation risks, as well as to achieve asset diversification and risk dispersion. The company stated that the total supply of BTC is limited, and it has low correlation with traditional assets, making it a "digital gold" that can serve as a store of value.

BTC-5.52%
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