What to know:

• Value Creation intends to invest 100 million yen (approximately $700,000) in bitcoin (BTC) over the next four months.
• This would increase the company’s total BTC holdings to 300 million yen (about $2.1 million).
• This relatively small acquisition occurs amid rising institutional interest in bitcoin in Japan.

Value Creation (9238), a logistics and technology firm listed in Tokyo, plans to enhance its balance sheet by acquiring 100 million yen ($700,000) worth of bitcoin (BTC) in the coming four months, as noted in a statement here.

Previously, the firm had invested around 200 million yen ($1.4 million) in bitcoin.

The funds will be sourced from surplus capital designated for upcoming investments, the company reported. This move is modest but aligns with a trend in Japan where companies, previously hesitant, are now adopting BTC as a treasury reserve asset. Companies like Remixpoint, NEXON, and Metaplanet have also integrated BTC into their balance sheets, with Metaplanet being the largest corporate holder in Japan, owning 4,525 BTC.