The company adopted Bitcoin as a reserve asset in May as a hedge against fluctuations in Japan's local currency. According to Bitcoin Treasury, it currently holds the second largest custodian of Bitcoin among listed companies in Asia, behind Hong Kong technology company Meitu (1357), which holds about 941 BTC. Both companies are based in Tysons Corner, Virginia, and hold more than 252,000 tokens, trailing only the largest publicly traded holder, MicroStrategy.
