ANAP Invests ¥11.5 Billion in Bitcoin: Casual Fashion Retailer Embraces Crypto

Japanese fashion retailer ANAP Holdings has committed a substantial investment of ¥11.5 billion, fully allocated by the Capital Typhoon fund, to Bitcoin. This allocation will see ¥8 billion directly invested in Bitcoin while an additional ¥3.5 billion will be converted from Japanese yen into Bitcoin. ANAP intends to hold this Bitcoin long-term as part of its future business strategy, showcasing a proactive approach toward incorporating cryptocurrency into its financial framework.