Japanese fashion brand ANAP, Begins long-term purchase of 1,000 Bitcoin

Japanese Fashion Company ANAP Joins Bitcoin Financial Strategy (Source: Carousell)

Japanese fashion company ANAP plans to purchase over 1,000 Bitcoins by this August and incorporate them as long-term holdings, as reported by Bitcoin Magazine. The company did not disclose the specific purchase schedule or the source of funds, but this decision appears to reflect an intention to adopt Bitcoin as a core asset in the company's financial strategy. As examples of large-scale Bitcoin purchases outside traditional industry sectors increase, it is interpreted as a sign of traditional companies entering the cryptocurrency market in earnest.