Japanese company Kitabo Co., which has been producing synthetic fibers and industrial materials for over a century, has announced its intention to invest 800 million yen (approximately $5.4 million) in Bitcoin. The company explains this move as a desire to strengthen its financial resilience and enhance protection against potential losses amid economic instability.
This is reported by Finway
Plans for Bitcoin usage and additional profit
Kitabo plans to begin gradual purchases of Bitcoin as early as July 2025, employing a dollar-cost averaging (DCA) strategy on local cryptocurrency exchanges. The company emphasizes that the decision comes amid increasing regulatory transparency in the market and the strengthening status of Bitcoin as a strategic asset following the legalization of Bitcoin ETFs in the U.S.
Kitabo is also considering the possibility of using Bitcoin for cross-border transactions and settlements with foreign partners. The company stresses that Bitcoin will become a “core asset for advancing various business strategies.”
“Kitabo’s entry into the cryptocurrency and real asset markets is a significant step for a company that has been around for over a hundred years,” the company stated.
Additionally, the company plans to generate stable income by lending a portion of its Bitcoin to crypto lending platforms. This will allow Kitabo to create an additional source of liquidity and ensure financial flexibility.
Financial performance and global trend
Despite a 24.7% increase in annual revenue in 2025, Kitabo’s financial year ended with losses of 55.8 million yen ($379,357) and negative operating cash flow. In 2024, the company faced even greater losses of 115.6 million yen ($785,000). In this context, investments in Bitcoin are viewed as a means of preserving purchasing power amid global monetary expansion.
“This is not about chasing profit — it’s about protecting the company in a world where cash is no longer safe,” said Zakheel Suresh, CEO of the cryptocurrency fund BitSave, in a comment to Decrypt.
Kitabo joins a growing list of Asian corporations that are using Bitcoin as a reserve treasury asset. A prominent example is Metaplanet, which currently holds 16,352 BTC worth approximately $1.95 billion.
“Adding Bitcoin to the balance sheet of such a company is a powerful testament to the spread of this trend beyond the IT sector,” noted Jeffrey Dean, chief analyst at HashKey Group.
Overall, such moves by Asian companies highlight the increasing role of Bitcoin as a means of safeguarding corporate finances amid a changing global economy.