Japanese clothing brand ANAP announced an investment of approximately 200 million yen to purchase 16.6 bitcoins

ChainCatcher news, according to CoinPost, Japanese clothing brand ANAP's parent company ANAP Holdings announced the purchase of approximately 200 million yen worth of Bitcoin. The company acquired 16.6591 BTC through its subsidiary ANAP Lightning Capital, which was established in February this year, with a transaction amount of 199.975 million yen.

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