Value creation (9238), a Tokyo-listed logistics and tech company, expect to add 100 million yen ($ 700,000) of Bitcoin (BTC) to its balance in the next four months, according to a statement.

This company had previously bought about 200 million yen ($ 1.4 million) worth of Bitcoin.

The funds come from excess capital earmarked for future investments, says the company.

Value Creations features are a small but does not happen isolated. A trend grabs Japan, where companies – which are cautious – dip into BTC as a treasury reserve assignment. Several companies in the country have adopted BTC with energy company Remixpoint, Nexon and Metaplanet among them. Metaplanet is the largest Japanese business owner with 4,525 BTC on its balance.

Disclaimer: The information collected for this article was translated with the use of artificial intelligence.