Japanese textile manufacturer Kitabo Co., Ltd. has invested $5.4 million in Bitcoin as a treasury reserve asset, aiming to stabilize corporate finances and facilitate cross-border business growth. The strategic purchase positions Kitabo among a growing cohort of Asian corporations leveraging cryptocurrency for balance sheet diversification.
This decision follows Kitabo’s reported net loss of $379,357 during 2025, despite achieving a 24.7% year-on-year revenue increase. Company executives cited Bitcoin’s inflation-hedging properties and potential yield-generation capabilities as key factors driving the allocation, which aligns with expansion plans for international operations.
Notably, Kitabo’s stock price rose 0.85% to $1.52 per share following the announcement, indicating positive investor response. The move echoes broader regional momentum in corporate Bitcoin adoption, exemplified by Japanese investment firm Metaplanet’s holdings exceeding 16,000 BTC (approximately $2 billion).
Financial analysts observe that Asian enterprises are increasingly incorporating Bitcoin into treasury strategies amid monetary expansion policies and evolving regulatory clarity. Kitabo intends to utilize its Bitcoin holdings for operational scalability and payment solutions while exploring integrated yield opportunities within the cryptocurrency ecosystem.