Gumi Inc., a mobile game developer, plans to purchase Bitcoin worth 1 billion JPY (approximately 6.58 million USD) from February to May 2025. This strategic initiative is designed to boost their node operation business and reinforce their standing in the Web3 domain.
Gumi has become the first Japanese publicly listed company to join the Bitcoin staking protocol Babylon as a validator. The company anticipates additional income from staking Bitcoin along with validator rewards beyond the profits from Bitcoin price appreciation.