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TechFlow News, February 28: Japanese publicly listed company Daido Corporation (stock code: 3205) announced it will purchase up to ¥1 billion (approximately RMB 50 million) worth of Bitcoin as a hedge against inflation and the depreciation of the Japanese yen. This 147-year-old established enterprise regards Bitcoin as “digital gold.”
Japan-listed company Daido Steel Co., Ltd. (Ticker: 3205) announced it will purchase up to ¥1 billion (approximately RMB 50 million) worth of Bitcoin as a hedge against inflation and the yen’s depreciation. The 147-year-old established company views Bitcoin as “digital gold.”
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