Japanese real estate technology company Lib Work has taken its first step into the cryptocurrency market. The Tokyo-listed firm confirmed on October 6 that it purchased 29.6431 BTC in September, valued at $3.3 million (499,998,671 JPY). The average acquisition price stood at $112,140 (16,867,286 JPY) per Bitcoin.
This move follows Lib Work’s earlier disclosure on August 18, when the company announced plans to acquire and hold digital assets as part of a medium to long-term financial strategy.
Lib Work is best known for its technology-driven real estate projects, including NFT-linked and 3D-printed homes. According to the company, the Bitcoin purchase is consistent with its broader goal of integrating digital assets into financial planning and business operations.
The company also noted the possibility of accepting Bitcoin in property transactions, which could support international buyers. Custody and management of its Bitcoin holdings are handled by SBI VC Trade, a domestic cryptocurrency exchange offering trading and storage services.
Since outlining its digital asset strategy, Lib Work’s share price has gained 28.17% over the past six months. On October 6—when Bitcoin recorded consecutive highs—the company’s stock rose by an additional 1.93%.
Lib Work has also signaled interest in expanding its portfolio beyond Bitcoin, with potential consideration of stablecoins and other digital assets. This approach reflects a broader trend among Japanese firms seeking diversification and operational flexibility through cryptocurrency adoption.
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By Proptechbuzz
By Ravi Kumar