Bitcoin Japan Corporation

Bitcoin Japan, formerly Hotta Marusho, announced on the 29th that its wholly owned subsidiary BTC JPN Ltd. has completed its first purchase of bitcoin. The acquisition totaled 11.9188 BTC, with the purchase date on the 28th, an acquisition price of 83,857.43 dollars per BTC, and a purchase cost of 999,479.94 dollars, equivalent to about 157.24 million yen at 157.32 yen to the dollar. The company disclosed on the 18th that it would launch a bitcoin treasury business and a bitcoin-related asset management business through the subsidiary, and because it had set the combined purchase cost and trading fees at 1 million dollars as the cap for the initial purchase, this acquisition was carried out within that limit. Separately, it recorded about 85,000 yen, or roughly 540 dollars, as an expense for remittance fees from Japan. The group plans to continue making additional purchases, with the timing, quantity, and amount to be decided within the upper limit of 662 million yen in total investment funds for the business as indicated in the disclosure on the 18th. The impact on consolidated results for the fiscal year ending March 2027 is under review, and the bitcoin held will be marked to market each quarter, with valuation gains and losses recorded in the income statement.

Bitcoin Japan Co., Ltd. has filed a trademark application for the BJC AI LABS brand, making clear its intention to step up investments in embodied AI, robotics, and physical AI. The application, submitted on August 18, 2026, covers data collection, AI model training, and industry-specific embodied AI development, positioning the brand alongside the existing BJC ROBOTICS. The company has already committed 3.12 billion yen in initial investment capital and holds stakes in SpaceX and Figure AI. In an exclusive interview, CEO Philip Lord said the company currently holds no bitcoin and is prepared to allocate up to 12.5 percent of its capital base to digital assets over the long term. The company plans to build its business around three pillars: investments in late-stage unlisted AI companies, strategic assets such as rare earths, and physical AI operations.

Bitcoin Japan has announced a plan to raise approximately 9.7 billion yen through convertible bonds with stock acquisition rights and stock acquisition rights, and to allocate 662 million yen of that to purchasing Bitcoin. The company has been pursuing a Bitcoin treasury strategy but has so far held zero Bitcoin, making this potentially its first acquisition. In a previous stock acquisition rights plan, it had intended to allocate 988 million yen to holding Bitcoin, but due to an adjustment in the exercise price, the actual amount raised was only 3.145 billion yen, and no funds were allocated to Bitcoin. President Philip Lord has indicated a focus on governance, security arrangements, and the purchase price, and the company plans to make selective acquisitions between August 2026 and February 2028, taking market conditions into account.