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06/09 18:31

From Runway to Riches: Fashion Giant ANAP Makes Bold Bitcoin Move - EconoTimes

By August 2025, ANAP Holdings, the largest Japanese fashion company, has agreed to acquire 11 billion (around $79 million) worth of Bitcoin. Using corporate funds to accumulate Bitcoin, MicroStrategy has replicated the strategy that was funded by selling company shares. ANAP has already made the first purchase of 44.8 for this plan. BTC, with a budget of approximately $4.7 million, is seeking to hold more than 1,000 items. BTC.ANAP is considering this significant investment as a means of diversifying and expanding its business, rather than deviating from its established fashion brand. This action reflects a wider shift towards more crypto-centric behavior among Japanese institutions and corporations in the coming years, driven by factors such as inflationary pressures, the yen's decline, and broader positive regulatory changes in Japan. This venture is bolstered by ANAP's robust financial situation, with its stock price having surged over 90% in the last month.The decision of ANAP to adopt a Bitcoin treasury approach is noteworthy as it highlights the increasing recognition and usage of Bitcoin as primarily corporate asset outside of the U.S, particularly amongst major Asian consumer brands. This move is likely to encourage other Japanese companies to adopt similar approaches, further cementing Bitcoin's place in corporate finance and underlining the growing confidence within the Japanese market in its long-term viability. Breathing through your nose when you exercise may make your runs easierEntrepreneurs are facing a mental health crisis — here's how to help themAre fish oil supplements as healthy as we think? And is eating fish better?Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us humanDoes AI have a right to free speech? Only if it supports our right to free thoughtHow can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?Why we need to set limits on sperm donationAging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia casesSeven techniques to avoid weight regain, approved by experts
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