Toho Remac, a shoe wholesaler, is investing in cryptocurrency speculation such as Bitcoin on a scale of 1 billion yen | CoinDesk JAPAN

Toho Remac, founded in 1958 and engaged in wholesale shoe business, announced on July 15 that it has established a purchasing limit for cryptoassets. The company stated that this decision was made during the board meeting held on the previous day, July 14, with the aim of strengthening its asset management and future capabilities in the digital financial sector.

According to the announced plan, the annual purchase limit is 1 billion yen, and the implementation period is one year from July 2025 to June 2026. The cryptoassets that can be purchased include Bitcoin (BTC) and Ethereum (ETH).

Toho Remac explained in the context of this announcement that "in recent years, Bitcoin has been gaining recognition as 'digital gold', and the trend of long-term holding by companies is expanding."

As the company points out, the movement of domestic listed companies incorporating cryptocurrency speculation, including Bitcoin, into their financial strategies is accelerating.

The leading company is Metaplanet, which promotes the Bitcoin Treasury business. The company continues to actively increase its holdings, and as of July 15, its total holdings have reached 16,352 BTC, making it the fifth largest holding company in the world.

Related articles: Metaplanet increases Bitcoin purchase by 13.8 billion yen - also announces sponsorship of 'Bitcoin Asia 2025'

This trend is not limited to a specific industry, but is also affecting apparel-related companies.

The casual fashion brand operator ANAP Holdings is already implementing an aggressive Bitcoin treasury strategy, with total holdings exceeding 200 BTC.

In addition, the clothing national chain Mac House has announced a Bitcoin acquisition plan valued at 1.7 billion yen.

Related Article: Fashion brand ANAP holds over 200BTC in Bitcoin ── additional investment of approximately 250 million yen

Mac House reveals execution plan for acquiring Bitcoin - Investment scale is 1.7 billion yen

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