Japanese firm Daido Limited has announced plans to purchase up to ¥1 billion worth of Bitcoin, marking a significant move into the cryptocurrency space. The 147-year-old company aims to use Bitcoin as a strategic reserve asset, viewing it as "digital gold" to hedge against inflation and potential depreciation of the Japanese yen. This decision aligns with a growing trend among Japanese corporations adopting Bitcoin treasury models, as noted by Metaplanet CEO Simon Gerovich. Despite current market volatility, institutional interest in Bitcoin remains strong, with Daido's move reflecting broader confidence in the cryptocurrency's long-term value. The firm's entry into Bitcoin treasuries highlights the increasing integration of traditional companies into the digital asset market.