Bitcoin Move by Japanese Game Studio Gumi: The Studio Invest $6.58M in BTC for Web3 Expansion
![Bitcoin Move by Japanese Game Studio Gumi: What Happens Now? | Crypto Data Space Bitcoin Move By Japanese Game Studio Gumi: The Studio Invest $6.58M In Btc For Web3 Expansion](https://cryptodataspace.com/wp-content/uploads/2025/02/Bitcoin-Move-by-Japanese-Game-Studio-Gumi-The-Studio-Invest-6.58M-in-BTC-for-Web3-Expansion-1024x683.jpg)
Gumi Inc., a mobile gaming studio based in Tokyo, said Monday that it plans to purchase Bitcoin worth 1 billion Japanese yen (about $6.58 million). According to the company’s announcement, Gumi intends to complete the transaction sometime between February and May of this year. In the statement’s translated form, Gumi stated:
Through this initiative, we will further strengthen our node operation business and enhance our presence in the Web3 domain,
According to the company, buying Bitcoin was done to support several initiatives aimed at bolstering the company’s financial position as it pursues blockchain and other ventures. According to Gumi, one of these initiatives is growing its node operation business.
Gumi Inc. Expands Web3 Presence with Bitcoin Staking and Validator Role
The announcement claims that during the second quarter of the fiscal year that ended in April 2025, Gumi became the first publicly traded firm in Japan to take part in the Bitcoin staking system Babylon as a validator. In addition to the gains from the rise in the price of Bitcoin, Gumi stated that the company anticipates generating secondary revenue from validator awards from the protocol and by staking its excess Bitcoin holdings into Babylon.
Regarding our cryptocurrency holdings, we will conduct a fair market value assessment quarterly, and the resulting gains or losses will be recorded in our income statement,
the company
For more up-to-date crypto news, you can follow Crypto Data Space.
![Bitcoin Move by Japanese Game Studio Gumi: What Happens Now? | Crypto Data Space Bitcoin Move By Japanese Game Studio Gumi: What Happens Now? 315574](https://cryptodataspace.com/wp-content/uploads/2025/02/CDS_LOGO_MAIN-2.png)
Leave a comment