Japanese real estate technology firm Lib Work has acquired 29.6431 Bitcoin for $3.3 million, marking a significant step in its digital asset strategy. The Tokyo-listed company announced the purchase on October 6, with an average acquisition price of $112,140 per Bitcoin. This move is part of Lib Work's broader plan to integrate cryptocurrency into its financial planning and housing projects, including the development of NFT-linked 3D-printed homes.
Lib Work's Bitcoin holdings are managed through SBI VC Trade, and the firm has indicated potential plans to expand its digital asset portfolio beyond Bitcoin. This acquisition underscores the growing trend of traditional companies incorporating cryptocurrencies into their business models.
Japanese Real Estate Firm Lib Work Acquires $3.3M in Bitcoin
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