Gumi Loads Up on Bitcoin and XRP as It Expands Digital Asset Reserves

Gumi Loads Up on Bitcoin and XRP as It Expands Digital Asset Reserves

The post Gumi Loads Up on Bitcoin and XRP as It Expands Digital Asset Reserves appeared on BitcoinEthereumNews.com. TLDR: Gumi expands its digital asset treasury by allocating capital to Bitcoin and XRP, according to a new filing. The company disclosed crypto reserves growth in an official TDnet filing to investors. Gumi plans a phased approach for XRP acquisitions, spreading purchases across multiple months. The filing shows Gumi’s shift from g…

Japan’s Gumi Adds Bitcoin And XRP To Core Balance Sheet

Gumi Inc. recently announced that it would utilize $13.5 million from its most recent $38 million investment round, arranged through SBI Securities, to acquire additional Bitcoin and XRP. This investment builds on past successes, such as when the company bought $6.7 million worth of Bitcoin and started a $17 million XRP treasury in August.  Gumi’s Digital Asset Treasury (DAT) aims to generate revenue by holding these assets as core holdings. It …

Gumi Loads Up on Bitcoin and XRP as It Expands Digital Asset Reserves - Blockonomi

TLDR: Gumi expands its digital asset treasury by allocating capital to Bitcoin and XRP, according to a new filing. The company disclosed crypto reserves growth in an official TDnet filing to investors. Gumi plans a phased approach for XRP acquisitions, spreading purchases across multiple months. The filing shows Gumi’s shift from gaming focus toward active treasury allocation in crypto assets. Tokyo-based game developer Gumi announced an expans…

Japanese Gaming Firm Gumi to Boost Treasury With BTC, XRP After $38M Raise

Japan’s gaming and blockchain leader, Gumi Inc., has revealed plans to strengthen its balance sheet with Bitcoin (BTC) and XRP following a fresh $38 million capital raise. Gumi Turns to BTC and XRP as Core Treasury Assets Gumi Inc. shared in a recent financing agreement notice that it had secured $38 million through SBI Securities. The post Japanese Gaming Firm Gumi to Boost Treasury With BTC, XRP After $38M Raise appeared first on CoinGape.