"Japanese Firm ANAP Acquires 35 Bitcoin as Part of Investment Strategy"

# Japanese Fashion Company ANAP Holdings Invests in Bitcoin ANAP Holdings, a publicly traded fashion company in Japan, has officially announced its acquisition of Bitcoin (BTC) as part of a comprehensive group-level investment strategy. This decision highlights the growing interest of Japanese publicly listed companies in cryptocurrency investments. On April 28, 2025, ANAP Holdings revealed that its subsidiary, ANAP Lighting Capital, purchased 35.0 BTC. The transaction, which amounted to approximately 477.94 million yen (around $3.3 million), was confirmed in a public release. This acquisition boosts ANAP Group's total Bitcoin holdings to 51.6578 BTC. The average acquisition price stands at approximately 13.123 million yen per BTC, with the cumulative investment surpassing 677 million yen. The company stressed that it has established structured policies for Bitcoin investment and risk management. These policies include setting operational and valuation guidelines, conducting evaluations and disclosures of held assets, and seeking third-party expert reviews to assess investments. "For future operations, the valuation of Bitcoin held by the company may fluctuate based on price volatility and evolving market conditions," ANAP Holdings stated. It further mentioned that Bitcoin would be viewed from a mid- to long-term perspective and incorporated into the financial statements in line with accounting standards. Listed on the Tokyo Stock Exchange’s Standard Market, ANAP Holdings is primarily known for operating relatively small-scale fashion brands. The decision to invest in Bitcoin marks a significant precedent, showcasing the potential for broader cryptocurrency adoption among Japan's listed companies.