Bitcoin Mania Hits Japan: Enish Joins The Party! 🎉
It seems the cryptocurrency craze has finally reached the shores of Japan, and Enish, a rather esteemed game developer, is leading the charge. The company, in a bold move, has announced plans to splurge a whopping 100 million yen on Bitcoin. And, if one were to ask, why now? Well, it’s all about blockchain, old chap!
Why Enish Is Buying Bitcoin Now
It appears Enish’s interest in Bitcoin stems from its work on blockchain games. The company believes owning Bitcoin will grant them a deeper understanding of the technology behind it. And, as one might expect, their game “De Lithe Last Metsoires” already boasts blockchain features – a rather clever move, if one asks me.
Bitcoin, being the most well-known cryptocurrency in the market, is, of course, the perfect choice for Enish. By owning it, they hope to gain new insights for their technical teams, which, in turn, will improve how they make games and run their business. One can almost hear the gears turning in their esteemed heads, can’t one?
How And When The Purchase Will Happen
Enish has set clear dates for buying Bitcoin – between April 1 and April 4, 2025, to be exact. The company plans to spend 100 million yen through normal market buys on Japanese cryptocurrency exchanges. One can only imagine the excitement in the air as they wait for the market to open.
JUST IN: PUBLIC JAPANESE GAME DEVELOPER ENISH JUST BOUGHT ¥100 MILLION WORTH OF #BITCOIN
ANOTHER BTC TREASURY
— The Bitcoin Historian (@pete_rizzo_) April 2, 2025
This action also aligns with Enish’s asset management strategy. They are looking to diversify their holdings while setting themselves up for potential profits if Bitcoin’s value increases further. The company chose Bitcoin because it’s simple to purchase and sell, and has a big, stable market. Clever, clever, Enish!
Other Companies Joining The Bitcoin Trend
Enish isn’t alone in buying Bitcoin, old bean. Data from CryptoQuant shows public companies added 91,780 Bitcoin to their holdings during the first quarter of 2025. One can only assume they’re all trying to keep up with the Joneses.
Tether added nearly 9,000 Bitcoin to its accounts, bringing its total to 92,640 Bitcoin. MicroStrategy (now Strategy), known for its heavy Bitcoin investments, bought another 81,780 Bitcoin. This latest purchase cost the company over $8 billion – a rather tidy sum, if one asks me.
Smaller Players Also Making Bitcoin Moves
More recently, several smaller companies have purchased Bitcoin. Looking more closely at some of these purchases: The Blockchain Company bought 600 Bitcoin. Semler Scientific bought 1,100. Metaplanet also acquired 2,280 Bitcoin in a bigger purchase. One can only assume they’re all trying to get in on the action.
But some companies are raising money to purchase even more. Marathon Digital is raising funds by selling stocks to invest in Bitcoin. In November, GameStop submitted a $1.3 billion offering to initiate its own Bitcoin strategy. One can only imagine the excitement in the air as they wait for the market to open.
The trend demonstrates increasing acceptance of cryptocurrency among businesses, with more companies diversifying into Bitcoin—often for the same reasons as Enish: blockchain adoption, digital currency growth, and future holdings. Ah, the joys of being a part of the cryptocurrency revolution!
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2025-04-04 12:44