Value Creation purchases 100 million yen worth of Bitcoin for the second time

Value Creation Co., Ltd., listed on the Tokyo Stock Exchange Growth Market, announced on March 31 that it had purchased an additional 100 million yen in Bitcoin. Based on a purchase plan approved at the board of directors meeting held on March 27, the company acquired 7,819,100 BTC at an average acquisition price of 12,794,550 yen. According to the company, the purchase will be made while watching the latest market price trends, and the company plans to disclose the unrealized gains and losses on its virtual currency holdings in its quarterly financial results announcement.

This purchase is an additional investment following the initial Bitcoin purchase announced on March 17. The initial purchase totaled 100 million yen, with approximately 8.02 BTC purchased at an average acquisition price of 12,463,333...