Japanese Firms Embrace Bitcoin as Public Adoption Lags

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In contrast to a huge percentage of the Japanese population who remain on the sidelines when it comes to owning Bitcoin, an increasing number of big companies are now buying Bitcoin. A recent example of this is LibWork, a Japanese construction company. This company bought $3.4 million worth of BTC, thinking that its action serves as a hedge against inflation. It is interesting that global corporate holders of Bitcoin nearly doubled this year. It was reported that public companies now own over $110 billion in Bitcoin.

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