Japanese gaming firm Enish makes first BTC purchase worth nearly $680k

Enish Co., the Japanese games company behind the series of games based on the blockchain ‘of: Lithe Last Memories”, announced its first BTC purchase worth 100 million yen.

According to a recently published documentENISH CO.BTC). THE Japanese Firm said the purchase would be completed by April 4.

Depending on the notice, the recent purchase of ENISH in BTC is part of its last financial strategy. The company also aims to diversify its financial assets while also taking advantage of the liquidity and stability of Bitcoin, including the possibility of generating profits from future price increases.

Japanese game The company said that it would begin to perform quarterly examinations on its BTC investments and promised to include gains or unrealized losses in its financial reports.

At the time of the press, Bitcoin dropped by 1.3% in the last 24 hours. BTC is currently negotiated at $ 83,242. The recent drop in BTC prices could be a reason why Enish has decided to buy while prices are lower than those usually. Last week, the BTC dropped by 4.66%.

It has not yet recovered from its collapse, its highest price remaining slightly below the threshold of $ 90,000 to only $ 87,791, according to data of crypto.News.

In addition, the company aims to “deepen our understanding of blockchain technology” by buying a cryptocurrency as a means of strengthening the technical capacities of the company in the creation of more web3– Games based.

Enish Co., is known to produce mobile games such as “from: Lithe – the King of Oblivion and the Angel of the Alliance”. One of his latest releases in the series: Lithe is a game based on the blockchain called “de: Lithe Last Memories”.

Launched on July 25, 2024, “de: Last Memories” is described on his site As a free mobile game, where players can win tokens and buy Nft. The awards are distributed by a reward pool because more tokens are consumed or as sales increase.

Most of the game’s income come from integrated advertisements and purchases, which reduces the burden of tokens and NFT themselves. The game token, Xgeek is designed to be a fixed price token, worth $ 1.00 for 100 XGEEK tokens.

Japanese game companies have extended to web3 thanks to the creation of mobile blockchain games. More recently, the Japanese messaging line line associated with With Sony SONEIUMCHAIN ​​SONEUMCHAIN ​​to publish four games of mini applications based on blockchain. Players can earn points in the games they can wear on the main application.