Japanese publicly traded real estate and construction company Lib Work Co., Ltd. has officially purchased 29.64 Bitcoin between September 8 and September 29, 2025, marking its entry into the cryptocurrency market. The acquisition, part of a ¥500 million (approximately $3.3 million) allocation announced on August 18, resulted in the purchase of 29.6431 BTC for ¥516.87 million. As of October 6, the fair market value of these holdings was ¥551.36 million, representing an unrealized gain of approximately ¥51.36 million.
Lib Work will evaluate its Bitcoin holdings at fair value every quarter, reporting gains or losses directly in financial results, showcasing a structured approach to digital asset integration. The company also plans to consider acquiring other cryptocurrencies, stablecoins, and a wide range of digital assets for long-term diversification, stating it will disclose further acquisitions promptly if they impact financial performance.
The announcement boosted Lib Work's stock price by 28%, reflecting investor confidence. The firm aims to integrate cryptocurrency into its real estate operations, including accepting Bitcoin for property transactions and exploring tokenized 3D-printed homes linked to NFTs. This move aligns with its tech-forward identity, which includes sustainable construction innovations.
This development is part of a growing trend in Japan, inspired by companies like Metaplanet Inc., and highlights increasing corporate adoption of Bitcoin as a hedge against yen depreciation and inflation.