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Tokyo Fashion Brand ANAP to Invest ¥11.5 Billion in Bitcoin

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Tokyo Fashion Brand ANAP to Invest ¥11.5 Billion in Bitcoin

The post Tokyo Fashion Brand ANAP to Invest ¥11.5 Billion in Bitcoin appeared first on Coinpedia Fintech News

ANAP Holdings, a casual fashion retailer listed in Tokyo, announced a ¥11.5 billion third-party allocation fully subscribed by Capital Typhoon fund. Of this, ¥8 billion will be settled directly in Bitcoin, while the remaining ¥3.5 billion received in yen will also be converted to Bitcoin. ANAP plans to hold the Bitcoin investment long-term, signaling a strong commitment to crypto as part of its future strategy.

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