Japanese real estate technology firm Lib Work has made its first Bitcoin acquisition as part of a broader digital asset strategy.

The move reflects the company’s ongoing commitment to integrating cryptocurrency into its long-term financial planning.

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Lib Work, a Tokyo-listed company known for its technology-driven real estate and NFT-linked housing projects, announced on October 6 that it purchased 29.6431 BTC in September. The total transaction amounted to $3.3 million (499,998,671 JPY), with an average acquisition price of $112,140 (16,867,286 JPY) per Bitcoin. The company had previously disclosed a strategic plan on August 18 to acquire and hold digital assets over the medium to long term as part of its broader financial strategy.

The firm’s decision aligns with efforts to integrate cryptocurrency with its innovative housing projects, including 3D-printed homes tokenized as NFTs. Lib Work also highlighted the possibility of accepting Bitcoin for property transactions, enabling cross-border operations. The company’s Bitcoin holdings are managed through SBI VC Trade, a domestic cryptocurrency exchange providing trading, custody, and operational support.

Since announcing its digital asset strategy, Lib Work’s stock has seen a notable rise. Over the past six months, the company’s share price increased by 28.17%, reflecting investor confidence in its diversification efforts. On October 6, the day Bitcoin reached consecutive record highs, Lib Work shares rose an additional 1.93%.

The company indicated that it may expand its digital asset portfolio beyond Bitcoin, potentially including stablecoins and other cryptocurrencies. Lib Work’s integration of cryptocurrency into its financial framework underscores a growing trend among Japanese firms to adopt digital assets for both strategic investments and operational flexibility.