Bitcoin News
Bitcoin Breakthrough: Kitabo’s Bold $5.4M Allocation Signals Corporate Shift in Japan
In a move that’s sending ripples through the financial world, Kitabo Co., Ltd., a Japanese synthetic fiber manufacturer, has announced a significant strategic shift: a ¥800 million ($5.4 million) Bitcoin allocation from its treasury reserves. This decision comes after years of financial pressure, including a substantial net loss in fiscal 2024, highlighting a fascinating pivot […]
