Kitabo Co., a century -old Japanese textile company, announced plans to buy Bitcoin worth 800 million yen (about $ 5.4 million). This is another example of a growing trend among Asian corporations, which in the face of financial difficulties turn to the popular cryptocurrency as an alternative to traditional tax assets.
A traditional company is looking for modern solutions
Kitabo Co., Ltd., listed on the Tokyo Stock Exchange, is a producer of synthetic fibers and industrial materials with over a hundred years of traditions. Despite the increase in revenues by 24.7% year -on -year in the fiscal year 2025, the company is still struggling with financial problems. She ended a year with a net loss of $ 379 357 (55.8 million yen) and a negative flow of operating cash of $ 52,348 (7.7 million yen).
The situation was even worse in the fiscal year 2024, when the loss reached $ 785,000 (115.6 million yen). The company had to rely on one -off profits to balance the poor results of the basic activity.
Investment strategy based on DCA
In the official statement from Tuesday, Kitabo announced that she would start gradually acquiring Bitcoin using the Dollar-Cost Averaging method this month. Shopping funds will come from the issue of the fourth series of rights to acquire shares.
This decision means the company’s full -scale entrance in “Business cryptocurrency and real assets”, as the company’s representatives described. Kitabo also plans to use Bitcoin in cross -border services, including in partnerships with various foreign enterprises, treating cryptocurrency as “fundamental activation to promote various business strategies”.
Generating profits from your BTC
The company does not only intend to store the purchased Bitcoin. He plans to borrow parts of its resources to companies dealing with cryptocurrency loans to generate stable returns. This approach shows that Kitabo treats BTC not only as inflation protection, but also as an active element of its financial strategy.
Jeffrey Ding, the main analyst of Hashkey Group, commenting on this decision, said:
Adding Bitcoin to the balance is a powerful testimony of the expansion of this trend beyond the technology sector
His words emphasize how much the approach of traditional industries to cryptocurrencies is changing.
Asian trend of corporate Bitcoin reception
Kitabo is not alone in her decision. Throughout Asia, we observe a growing trend of corporate Bitcoin as a tax assets. Companies are increasingly perceiving digital gold as a protection against monetary depreciation and the basis for international business operations.
Metaplanet leads the way in this movement, which has become the most important corporate owner of Bitcoin in Japan. From 16 352 BTC worth around $ 1.95 billion, Metaplanet ranks seventh in the world in terms of corporate Bitcoin resources, according to Bitcoin Treasuries.
Changing the paradigm in corporate treasury management
Zakhil Suresh, founder and general director of BitSave, cryptographic asset manager, explains the motives behind these decisions:
Historically, cash and cash equivalents were the majority of corporate treasures. But now more and more companies are convinced that cash is no longer safe
Suresh adds:
It is not about pursuit of phrases, but about protecting the company’s purchasing power in the world of permanent monetary expansion
These words aptly reflect the philosophy behind the corporate adoption of Bitcoin.
Market reaction
The market reacted positively to the announcement of Kitabo. The company’s shares are currently recorded at the level of $ 1.52 (237 yen) per share, which means an increase of 0.85% during the day and over 100% compared to the 52-week minimum.
The future of the corporate adoption of Bitcoin
The Kitabo decision shows that the trend of corporate Bitcoin’s reception goes far beyond technology and start-up companies. Traditional enterprises with a long history also begin to notice the potential of cryptocurrency as a tools for the protection of capital and business development.
In the face of global monetary uncertainty and growing inflation, Bitcoin is increasingly perceived as a speculative asset, but as a rational alternative to traditional forms of storage of values. Companies such as Kitabo show that this change of thinking is not limited to specific sectors or regions – it is a global phenomenon that can fundamentally change the way corporations manage their assets.