Japanese game developer Gumi has announced plans to purchase 1 billion Japanese yen ($6,5 million) worth of Bitcoin between February and May 2025.
The company said in a statement that the initiative will scale its node management business while also strengthening its presence in the Web3 market.
In addition, Gumi sees the purchase of Bitcoin as part of a strategy to strengthen its financial position in the field of blockchain technologies. The company's statement emphasizes that it will conduct a quarterly assessment of the fair market value of all crypto assets on the balance sheet. The resulting profit or loss will be indicated in the financial statements.
It is worth noting that in the second quarter of the fiscal year ending in April 2025, Gumi became the first public Japanese company to join the Babylon bitcoin staking protocol as a validator. The company plans to earn additional income from staking free bitcoins through Babylon, as well as rewards for validation.
Recall that Gumi, founded in 2007, entered the Tokyo Stock Exchange in 2014. Users were provided with mobile games, including “Final Fantasy: Brave Exvius» and « Brave Frontier».
Gumi owns a venture capital firm, gumi Cryptos Capital (gCC), which invests in early-stage blockchain startups.
