A Japanese hotel firm has purchased an additional 160 BTC at an average price of 12.5 million yen (approximately $83,600 per BTC), totaling an investment of 1.998 billion yen ($13.4 million).
This acquisition raises the company’s overall bitcoin holdings to 4,206 BTC, with an average purchase price of 12.9 million yen (around $86,500 per BTC), resulting in a total investment of 54.3 billion yen ($363.5 million).
The firm’s Tokyo-listed shares closed down 1.22%, ending at 404 yen on Tuesday.
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