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Japanese Company Lib Work Buys First 29.64 Bitcoin Holdings

By

Shweta Chakrawarty

Shweta Chakrawarty

Japanese real estate firm Lib Work bought 29.64 BTC for its corporate treasury, expanding Japan's corporate crypto adoption.

Japanese Company Lib Work Buys First 29.64 Bitcoin Holdings

Quick Take

Summary is AI generated, newsroom reviewed.

  • Lib Work's initial $3.3 million Bitcoin purchase is part of a diversification strategy.

  • The publicly traded firm plans to explore acquiring stablecoins and other digital assets.

  • This move integrates digital assets into a traditional Japanese construction company's balance sheet.

  • The company is known for its tech-forward projects, including NFT-linked 3D-printed homes.

Japanese real estate and construction firm Lib Work Co., Ltd. has officially joined the growing list of Bitcoin holding corporations in Japan. The publicly traded company confirmed that it has completed its first cryptocurrency purchase. It totaled 29.64 Bitcoin, between September 8 and September 29. The announcement makes Lib Work one of the few companies in Japan’s construction sector to add Bitcoin to its balance sheet. This marks another milestone in corporate crypto adoption in Asia.

A Move Toward Digital Asset Diversification

Lib Work announced its plan to purchase Bitcoin in a press release dated August 18. This allocates ¥500 million (around $3.3 million) for the investment. As of October 6, the company has successfully completed its initial acquisition, purchasing 29.6431 BTC for ¥16.87 million. With the remaining funds reserved for additional digital asset acquisitions. At the time of reporting, the fair market value of Lib Work Bitcoin holdings stood at ¥551.36 million. This represents a gain of approximately ¥51.36 million from the original acquisition cost.

The company statement noted that it will evaluate its Bitcoin holdings at fair value every quarter. This reports any gains or losses directly in its financial results. This move signals a structured and transparent approach toward integrating digital assets into corporate accounting. Which something still uncommon among traditional Japanese firms.

Considering Broader Crypto Investments

Interestingly, Lib Work also hinted that Bitcoin may only be the beginning of its digital asset journey. The company said it plans to consider acquiring other cryptos. It includes stablecoins and a wide range of digital assets as part of its long term diversification strategy. Lib Work stated, “With regard to additional acquisitions of cryptocurrencies, we will consider acquiring cryptocurrencies other than Bitcoin, stablecoins, and a wide range of other digital assets.” The company added that it would make further disclosures “promptly.” If future acquisitions have a material impact on financial performance. This proactive communication signals a careful but open stance toward expanding its crypto portfolio.

Strengthening a Tech-Forward Identity

Founded in Yamaga, Kumamoto Prefecture, Lib Work has long been known for blending technology and sustainability in its business model. The company designs and builds detached houses. While also running web marketing and real estate services. In 2025, Lib Work made headlines for constructing a 100-square-meter home using 3D printing technology. With cement free materials such as soil, lime and natural fibers. The project underscored the company commitment to environmental sustainability and innovation. Adding Bitcoin to its balance sheet further reinforces this identity. For Lib Work, the move isn’t just a financial play. It’s also a symbolic alignment with the digital transformation of global finance.

Japan’s Growing Corporate Bitcoin Scene

Japan has seen a gradual rise in corporate Bitcoin adoption since Metaplanet Inc.. Which, often dubbed “Japan’s MicroStrategy,” began purchasing Bitcoin earlier this year. Metaplanet’s move inspired discussions across sectors about the role of digital assets in hedging against yen depreciation and inflation. Now, Lib Work Bitcoin purchase expands this trend beyond tech and finance into real estate. 

The construction industry, an area traditionally conservative with investment strategies. While Lib Work has not yet confirmed plans for large scale acquisitions. Its entry into Bitcoin investment represents growing institutional confidence in the asset’s role as a store of value. As global markets continue to fluctuate, Lib Work strategy reflects a broader shift among Japanese corporations. It balances innovation with financial prudence and concrete foundations with digital frontiers.

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