Japanese fashion brand 'ANAP' to purchase 1,000 Bitcoin by August

Source
Son Min

Summary

  • 'ANAP' announced plans to additionally acquire over 1,000 Bitcoin by August.
  • ANAP Holdings emphasized that Bitcoin has a limited supply, making it unaffected by specific countries or institutions.
  • Currently, Bitcoin is reported to be trading at $107,650 on the Binance USDT market, up 1.92% compared to 24 hours ago.

Japanese fashion brand 'ANAP' is reportedly planning to purchase over 1,000 Bitcoin (BTC) additionally by August.

According to Bitcoin Magazine on the 9th (local time), ANAP announced its plan to acquire and hold more than 1,000 Bitcoin by August 2025.

Previously, in April, ANAP's parent company ANAP Holdings stated, "Bitcoin's solid structure based on blockchain technology, Proof of Work (PoW), halving, and capped supply mean the supply is limited and resistant to influence from specific countries or institutions," and disclosed that it bought Bitcoin worth ¥200 million.

As of 8:40 p.m., Bitcoin is trading at $107,650 on the Binance USDT market, up 1.92% from 24 hours ago.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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