Their press release, which I found on their corporate site, is in Japanese so I used an LLM to translate:
June 18, 2025To Whom It May ConcernCompany name: ANAP Holdings Co., Ltd. Representative: Shinji Yuasa, President & CEO (Code: 3189, Tokyo Stock Exchange Standard) Contact: Reiwa Kato, General Manager, Corporate Planning Dept. Telephone: +81-3-5772-2717Notice Concerning the Purchase of Bitcoin by Our Group
Our consolidated subsidiary, ANAP Lightning Capital Co., Ltd., has purchased Bitcoin as part of the Group’s investment strategy. Details are provided below.
1. Details of the Bitcoin Purchase
(1) Quantity purchased 31.2108 BTC (2) Purchase amount ¥479,954,613 (3) Purchase date June 18, 2025 2. Total Bitcoin Holdings (Including the Above Purchase)
(1) Quantity held 184.6735 BTC (2) Total purchase cost ¥2,751,574,385 (3) Average acquisition price ¥14,899,667 per BTC 3. Policy on Bitcoin Purchases and Risk Management
We have established—and will operate under—the following policies regarding Bitcoin purchases and risk management:
- Investment / Operation Policy • Operation and custody of the Bitcoin after purchase will be handled by ANAP Lightning Capital Co., Ltd., our consolidated subsidiary.
- Fair-Value Measurement for Financial Statements • Bitcoin holdings will be measured at fair value each quarter, with valuation gains or losses recorded in the income statement.
4. Outlook
As noted above, because Bitcoin holdings will be re-measured quarterly and the resulting valuation gains or losses recognized in earnings, any material impact on consolidated results will be disclosed promptly.
They're almost 20% of the way to their goal of 1000 bitcoin by August 2025.