Gumi Invests $6.5 Million in Bitcoin for Blockchain Growth
- Gumi has invested 1 billion yen ($6.5 million) in Bitcoin.
- The company is the first publicly listed Japanese firm to validate BTC staking on Babylon.
- Babylon protocol holds over $5.4 billion in total value locked (TVL).
- Gumi has staked 7.99 BTC, valued at over $770,000, earning a 5% commission.
- The company operates nodes on eight blockchains and partners with Capcom and Double Jump.
Gumi’s investment in Bitcoin aims to enhance its blockchain-focused business operations and aligns with its Web3 ambitions, as evidenced by its participation in Babylon’s BTC staking protocol.
Source (2.6.1)https://cryptoslate.com/japanese-gaming-publisher-gumi-announces-plans-to-buy-6-million-worth-of-bitcoin-for-treasury/?rand=24433
