Japanese clothing brand ANAP announced that it spent about 200 million yen to purchase 16.6 Bitcoins

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According to ChainCatcher, citing CoinPost, ANAP Holdings, the parent company of a Japanese clothing brand, announced the purchase of approximately 200 million yen worth of BTC. The company acquired 16.6591 BTC through its subsidiary ANAP Lightning Capital, established in February this year, with a transaction amount of 199.75 million yen.

ANAP Holdings stated that this investment focuses on BTC's characteristics as "digital gold", valuing its security mechanism based on blockchain technology, as well as supply management achieved through proof of work (PoW), halving mechanism, and issuance limit. Additionally, the launch of Bitcoin ETFs in the United States and Hong Kong, and strategic discussions about BTC in the United States were factors contributing to this decision.

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