- Japanese firm hops on Bitcoin treasury
- Daido eyes ¥1 billion Bitcoin accumulation
Despite the broad market weakness caused by the repeated price corrections seen across the crypto market, Simon Gerovich, the CEO of Metaplanet, is still confident about institutional long-term conviction in Bitcoin regardless of the current market conditions.
On Saturday, Feb. 28, Gerovich declared that the “era of Bitcoin treasuries is quietly spreading,” following the buzzing news of a Japanese public company that is preparing to add Bitcoin to its balance sheet.
Japanese firm hops on Bitcoin treasury
The news not only stirred reactions from Gerovich, it also sparked optimism among Bitcoin holders as it revealed that Daido Limited, a 147-year-old publicly listed firm founded in 1879, has disclosed plans to purchase Bitcoin as part of its treasury strategy.
HOT Stories
Crypto Market Review: Bitcoin’s $70,000 Guarded Like Treasure, Will Shiba Inu Have Bullish March? Ethereum Breaks Above 100-Day Threshold
XRP Volume Rises 212%, Bitcoin ETFs Back in Demand With $506 Million, Dogecoin Price Reclaims $0.10 — U.Today Crypto Digest
With Daido Limited now joining the list of Bitcoin bandwagons, the move marks a major integration of Japan’s long-established corporations into the crypto space.
While the move is bullish for Bitcoin, the Metaplanet CEO described it as part of a broader, accelerating trend involving the institutional adoption of Bitcoin.
Over the past year, Japanese companies have shown rising interest in Bitcoin treasury models as publicly traded firms like Metaplanet itself hold Bitcoin as a major asset for reserve.
Daido eyes ¥1 billion Bitcoin accumulation
Nonetheless, Daido further revealed that it is planning to acquire up to ¥1 billion worth of Bitcoin, positioning the asset as “digital gold” to hedge against inflation and potential depreciation of the Japanese yen.
The firm’s decision was triggered by growing concern among corporations about macroeconomic pressures and long-term currency risk.
While Daido Limited had previously made headlines in 2024 after announcing a 50-fold increase in dividends, its decision to venture into Bitcoin suggests that digital assets are increasingly being viewed as a strategic reserve option, even among traditional firms with deep historical roots like Daido.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC 15-minute rise of 0.60%: ETF capital inflows and technical breakout resonance drive short-term momentum
2026-03-13 12:45 to 2026-03-13 13:00 (UTC), BTC achieved a +0.60% return within 15 minutes, with a price range of 72341.6-72888.0 USDT and a volatility amplitude of 0.76%. Short-term price oscillations noticeably intensified. Due to abundant trading volume, market attention rose rapidly, reflecting a phase of strengthened buying power.
The primary drivers of this movement are continuous net inflows into ETFs and a technical breakout of key structures. In March 2026, BTC spot ETFs attracted capital inflows as high as 1.6 billion dollars in a single week.
GateNews2m ago
"Seeking a Sword by Marking a Boat" - Style Coin Price Predictions Go Viral: The Practical Logic and Flaws of Mystical Prophecies
Author: Frank, PANews
Whenever the market enters a confusing phase of going nowhere, people try to use a "cutting the boat to seek the sword" method of historical retrospection to predict the next market movement. In such cases, people often see from these theories and charts that history always repeats itself, and seem to automatically overlay and verify future price movements with a certain period in the past.
This coincidence seems to have a magical effect and is often verified. Some bloggers claim this prediction method has an accuracy rate of 75%~80%.
Does this "cutting the boat to seek the sword" style price prediction that repeatedly goes viral on social media help the market identify stages, or is it just packaging noise as prophecy?
From "Tick Fractals" to "History Rhyming"
The peak operation regarding predictions of October 2025 market tops is an analyst named CryptoBullet, who created a method called "ti
区块客10m ago
Win 3 Free GA Passes to Bitcoin 2026 in Las Vegas With CryptoBreaking
CryptoBreaking is excited to announce a brand-new giveaway for our community in partnership with The Bitcoin Conference.
We are giving away 3 free General Admission passes to Bitcoin 2026, taking place at The Venetian in Las Vegas from April 27 to April 29, 2026.
This is your chance to be part
CryptoBreaking30m ago
A certain whale accumulated 2003 BTC from a certain CEX within 10 days, worth $140 million.
Gate News: On March 13, according to on-chain analyst Ember's monitoring, 2 hours ago, a certain whale continued to withdraw 283 BTC from a CEX, valued at $20.52 million. Over the past 10 days, this whale has accumulated a total of 2003.2 BTC through this exchange, valued at $140 million, at an average price of $69923.
GateNews34m ago
