The Japanese Company of Real Estate Lib Work technology has made its first Bitcoin acquisition as part of a wider digital asset strategy.
This decision reflects the continuous commitment of the company to integrate cryptocurrency into its long-term financial planning.
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Lib Work initiates Bitcoin investment
Lib Work, a company listed in Tokyo known for its real estate projects focused on technology and its housing projects linked to the NFT, announcement On October 6, he bought 29,6431 BTC in September. The total transaction amounted to $ 3.3 million (499,998,671 JPY), with an average acquisition price of $ 112,140 (16,867,286 JPY) by Bitcoin. The company had previously disclosed a strategic plan on August 18 to acquire and have digital assets in the medium and long term as part of its broader financial strategy.
The company’s decision is aligned with efforts to integrate cryptocurrency with its innovative housing projects, including 3D printed houses as NFTS. Lib Work also underlined the possibility of accepting bitcoin for real estate transactions, allowing cross -border operations. The company’s Bitcoin holdings are managed by SBI VC Trade, an interior cryptocurrency grant providing exchanges, custody and operational support.
Market response and strategic perspectives
Since the announcement of its digital asset strategy, Lib Work’s actions have experienced a significant increase. Over the past six months, the company’s share price has increased by 28.17%, reflecting the confidence of investors in its diversification efforts. On October 6, Bitcoin day reached consecutive record heights, Lib work actions increased by 1.93% additional.
The company indicated that it could extend its portfolio of digital assets beyond Bitcoin, potentially including stalins and other cryptocurrencies. The integration of the cryptocurrency by Lib Work in its financial framework highlights a growing trend among Japanese companies to adopt digital assets for strategic investments and operational flexibility.
