Japanese mobile gaming company Gumi has acquired 1 billion yen (approximately $6.6 million) worth of Bitcoin as part of its strategy to strengthen its presence in the Web3 and blockchain space. This purchase is intended to generate additional revenue through the Babylong staking protocol. Gumi aims to enhance its portfolio by acquiring and managing high-quality tokens globally, and it has previously invested in early-stage blockchain projects through its venture capital firm, Gumi Cryptos Capital. The company is also leveraging blockchain technology to develop new content and services, reflecting a broader trend among publicly traded companies engaging with Bitcoin. Several firms, including Metaplanet and other tech companies, have adopted strategies to hold Bitcoin on their balance sheets amidst growing interest in decentralized finance and blockchain investments.

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