TOKYO, Apr 20 (Pulse News Wire) – Glome Holdings,inc. (8938.T) has decided on a bitcoin investment policy for its subsidiaries aimed at enhancing long-term corporate value through asset management.
The company plans to utilize excess funds from four subsidiaries—Glow Mu/Management Kabushiki Kaisha, Guroomu/Waakusapooto Kabushiki Kaisha, Gloom International Co., Ltd., and Fukuyama Medical Instrument Co., Ltd.—to purchase up to 4 bitcoins collectively. Each subsidiary's investment limit is set at 1 bitcoin, equivalent to approximately 11.81 million based on April 20 prices.
To mitigate risks associated with rapid price fluctuations, the purchases will be conducted using the dollar-cost averaging method over time rather than through bulk acquisitions. The total investment cap is around 47.26 million based on current market prices.
Regarding the impact on consolidated performance, GLOME Holdings will promptly disclose any necessary adjustments to earnings forecasts for fiscal year 2027 and beyond should such changes arise.
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