Enish, a gaming company based in Japan and listed on the Tokyo Exchange, has recently declared its intention to acquire Bitcoin (BTC). Founded in 2009, the company intends to leverage its financial resources to purchase Bitcoin valued at 100 million yen, approximately $667,260.
Enish: Bitcoin Purchase to Complete by April 4
Headquartered in Tokyo, Enish has developed popular mobile games such as De:Lithe – The King of Oblivion and Angel of the Covenant. The company views this Bitcoin acquisition as a strategic move to enhance its web3 business initiatives.
The company disclosed that it aims to finalize its Bitcoin purchases by April 4, as reported by the Japanese media outlet CoinPost and an official announcement from Enish on April 1. To facilitate this transaction, Enish will partner with an unnamed domestic cryptocurrency exchange.
Enish has already established a significant presence in the cryptocurrency and web3 sectors, with one of its titles, Last Memories, being a blockchain-based game. The company expressed that its investment in Bitcoin would enhance its understanding of blockchain technology and bolster its technical development capabilities.
Furthermore, Enish stated that integrating cryptocurrency into its financial strategy is a key objective. The firm aims to diversify its financial assets while leveraging the liquidity and stability that Bitcoin offers.
In addition, the gaming company expressed optimism about the potential for profit from future increases in Bitcoin’s value. Enish plans to conduct quarterly assessments of its Bitcoin investments and will include any unrealized gains or losses in its standard financial reports.
A former Bank of Japan board member has suggested that unless U.S. tariffs lead to global market instability, the central bank might consider raising its benchmark rate during its upcoming policy meeting, particularly given Japan’s improving inflation outlook. https://t.co/Mdlqo8EKvj
— Bloomberg (@business) April 2, 2025
Japanese Firms Continue to Buy Bitcoin
This year has seen a significant increase in the number of Japanese companies utilizing their financial resources to invest in Bitcoin. Among these companies are gaming firms such as Gumi, which plans to conduct a BTC lottery for new shareholders.
Additional firms engaging in Bitcoin purchases include the real estate and digital transformation entity Value Creation, investor Metaplanet, healthcare provider SBC Medical Group, and auto trading platform Remixpoint.
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