Gumi, a Japanese mobile gaming company, has purchased 1 billion yen (approximately $6.6 million) worth of Bitcoin as part of its strategy to enhance its position in the blockchain and Web3 sectors. This decision, approved by Gumi’s board on February 10, is not Gumi's first venture into blockchain technology, as the company has been involved in creating new content and services using blockchain. Gumi plans to further invest in high-quality tokens globally and has already invested in early-stage blockchain projects via its subsidiary, Gumi Cryptos Capital. This growing trend of publicly traded companies accumulating Bitcoin includes others like Metaplanet, which adopted a similar strategy in May, and US tech firms that have also added BTC to their balance sheets. The acquisition aligns with Gumi's goals for diversifying its revenue through protocols like Babylong staking. Bitcoin miners are also increasingly holding onto their mined BTC in line with trends set by major corporate holders like Strategy.

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