Japanese loans provider MBK has invested $2.04 million in Bitcoin, purchasing approximately 17.6 BTC at an average price of $115,529 per Bitcoin. The acquisition was made using MBK's balance sheet, and the company plans to utilize the cryptocurrency for real estate settlement services. This strategic move is part of MBK's efforts to hedge against yen depreciation and inflation. Additionally, MBK has partnered with FINX JCrypto, the operator of the Coin Estate exchange, to further its cryptocurrency initiatives.
MBK Acquires $2M in Bitcoin, Partners with FINX JCrypto
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