In May, the company decided to adopt bitcoin as a reserve asset to hedge against volatility in Japan’s native currency. Currently, it holds the second-largest bitcoin stash among Asia-listed companies, after Hong Kong-based technology firm Meitu (1357), which owns around 941 BTC, according to Bitcoin Treasuries. However, both companies are still behind Tysons Corner, Virginia-based MicroStrategy, which holds more than 252,000 BTC and is the largest publicly traded owner of the token.
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