• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Lib Work Co. Announces Plan to Purchase Bitcoin Worth 500 Million Yen

user avatar

by Giorgi Kostiuk

2 hours ago


Lib Work Co., a Japanese construction company, announced plans to purchase Bitcoin worth 500 million yen. This move aims to protect the company from inflation risks.

Investments in Bitcoin as Inflation Protection

During a board meeting, the decision to purchase Bitcoin was made. The company believes this investment will help safeguard its funds against rising prices in Japan. In its official statement, the company noted: "Bitcoin can hold its worth even when fiat currencies weaken," opening the path for inflation protection.

Bitcoin Acquisition and Company Strategy

Lib Work plans to spread its acquisition over several months from September to December 2025, using only licensed cryptocurrency exchanges to ensure safety and compliance with regulations. This decision indicates that the company is aware of the risks associated with cryptocurrencies and is keen on seizing their advantages. The company aims to acquire 28 Bitcoins, positioning itself higher in the list of Bitcoin holders worldwide.

Using NFTs to Secure Projects

A month before announcing its Bitcoin purchase, Lib Work launched an initiative to protect its 3D housing designs using non-fungible tokens (NFTs). The first NFT issued by the company is linked to the "Lib Earth House Model B" project and securely stores blueprints, construction history, and ownership rights on a blockchain. This helps prevent the copying of designs without the owner's permission.

Lib Work's strategy aims to utilize modern technologies to protect its financial stability and reform housing markets, aligning with the global trend of blockchain adoption across various sectors.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

New Data on Shiba Inu Accumulation: Wallet Acquires 132.35 Billion Tokens

chest

A large investor accumulates Shiba Inu, buying 132.35 billion tokens worth approximately $1.66 million.

user avatarGiorgi Kostiuk

Changes in Bitcoin Market Dynamics: Opportunities for Investors

chest

Market sentiment analysis shows increased buying activity and changing behavior of major holders in Bitcoin.

user avatarGiorgi Kostiuk

Circle launches Gateway for instant USDC access across major blockchains

chest

Circle has launched Gateway on mainnet, providing instant access to USDC across Ethereum and Solana.

user avatarGiorgi Kostiuk

SkyBridge Capital and Tokeny Partner to Tokenize $300 Million in Assets

chest

SkyBridge Capital has announced plans to tokenize $300 million on Avalanche, in partnership with Tokeny.

user avatarGiorgi Kostiuk

Concerns Emerge Over Bitcoin Hashrate Dominance as Two Pools Command 51%

chest

Two mining pools now control over 51% of Bitcoin's hashrate, raising issues about network security and decentralization.

user avatarGiorgi Kostiuk

WCHL 2025: National Round of the Global Developer Hackathon Launched

chest

The National Round of WCHL 2025 has begun, offering developers unique opportunities for growth and innovation on the ICP.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.