Japanese listed company Daido Limate approves purchase of Bitcoin, with a limit of 1 billion yen

MarsBitNews · 2026-02-28T05:37:07+00:00

Datong Limite announced plans to purchase up to 1 billion yen worth of Bitcoin. This move is based on its medium-term business plan, aiming to diversify assets, address inflation, and hedge against the depreciation of the Japanese yen. The company believes Bitcoin has advantages such as limited supply and low correlation.

MarsBitNews

2026-02-28 05:37:07

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Mars Finance News: Japanese publicly listed company Daito Limate (Stock Code: 3205) announced that the company’s board of directors has approved a plan to purchase Bitcoin (BTC), with a maximum purchase amount of 1 billion yen. The announcement states that this move is part of the asset allocation plan in the company’s mid-term business plan through March 2029, aiming to include some funds in the form of BTC in the asset portfolio. The company said that this move is intended to hedge against inflation and yen depreciation risks, achieve asset diversification and risk spreading, and believes that BTC has characteristics such as a limited total supply and low correlation with traditional assets.

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