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Japanese Mobile Gaming Company Gumi Made Significant Investment In BTC Amidst Falling Prices
Gumi, a Japanese mobile gaming firm, made a major BTC investment despite falling prices, signaling strong confidence in cryptocurrency.
Author by
Samik Ghoshal
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BTC is in a dicey state. There is a lot of price movement at the moment. Earlier this year, the world’s largest cryptocurrency managed to soar high and reach an all-time high of $108,786, at 12.4% on Jan 20, 2025. However, things flipped quickly when Trump decided to put the world on edge with his new tariff plans. As a result, the price of BTC fell and is currently at $95,727, with a bearish tendency.
Amidst all of this turmoil, a Japanese Gaming company named Gumi decided to acquire 1 billion Yen worth of BTC. Sources suggest that this is a part of Guyni’s strategy to diversify its investment portfolio. Some also suggest that this was a calculated move on Gumi’s part to enter the blockchain sector by managing high-quality tokens.
Gumi is a Japanese mobile gaming brand looking to spread its horizon into a blockchain foray. As a result, it has added BTC to its balance sheets. Gumi has recently acquired 1 billion yen worth of BTC, which stands at 6.6 Million US dollars and is looking to diversify its investment opportunity. Sources from Cointelegraph suggest that the firm will use a Babylon staking protocol to maximize the ROI on its holding.
As per the translated version of Gumi’s press release, it aims to strengthen its position in Web3 and the blockchain side of things. Here is what the company representative had to say, “[W]e are steadily expanding our portfolio in the node management business.” The representative also added that Gumi wants to be “the first domestic listed company to become a validator for Babylon.”
However, this is not the first time for Gumi regarding blockchain. The firm has been dabbling with the idea of using blockchain technology to create content. Therefore, this move is a significant one in their grand scheme of things.
BTC Drive In Other Companies
Gumi is just one of the companies trying to break into the blockchain industry to maximize their investment opportunities. Another Japanese company named Metaplanet also adopted BTC-powered business strategies last year. Metaplanet made one of the largest BTC whaling activity. The firm acquired $60 million worth of BTC in one go.
Hence, this shows that BTC is still seen as a potent investment opportunity or a hedge against a volatile market. As a result, this should instill confidence in investors who are looking for a long-term investment plan and are eyeing BTC for the same. Follow for more crypto news.
Samik Ghoshal
Editor
Samik Ghoshal is a versatile writer with a special knack for blockchain technology, which brings a nuanced perspective to his work. His analytical skills and passion for cryptocurrencies made him a critical writer nurturing the world of NFTs, DeFi, and Web3 developments. Accuracy and enthusiasm to understand the crypto market sets his value for each informative content.
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