Japanese gaming and blockchain giant Gumi has revealed its plan to allocate 1 billion yen ($6.5 million) toward Bitcoin (BTC) as part of its treasury strategy. The company disclosed in a market letter on February 10. The investment will be executed between February and May 2025, which holds 4.3% traction of Gumi’s $150 million market capitalization.
Japanese Mobile Gaming Publisher Gumi (3903, mkt cap $150M) announces plan to buy 1b Yen Worth of Bitcoin.
Becomes first listed company in Japan (world?) to participate in Bitcoin staking protocol Babylon as a validator. pic.twitter.com/37nhunaIiX
— matthew sigel, recovering CFA (@matthew_sigel) February 11, 2025
Gumi Expands Blockchain Financial Operations
Gumi’s board of directors approved the BTC acquisition to bolster its blockchain-based financial operations. The company has positioned itself as a key player in the Web3 ecosystem, actively participating in decentralized finance (DeFi) and blockchain-based financial services.
Gumi became the first publicly traded Japanese firm to operate as a validator for the Bitcoin staking protocol Babylon during the second quarter of the fiscal year ending April 2025. The protocol allows users to stake their BTC, securing other networks while earning rewards. Babylon currently boasts a total value locked (TVL) of over $5.4 billion, according to DeFiLIama data.
The company has already staked 7.99 BTC on Babylon, earning a 5% commission. With its new Bitcoin purchase, the company expects to capitalize on both asset appreciation and validator incentives.
The firm’s website indicates its role as a node operator for eight blockchain networks, including Ethereum, Sui, and Avalanche. Beyond staking, the company has a dedicated blockchain division focusing on integrating gaming with non-fungible tokens (NFTs). Its partnership includes industry giants such as Capcom and Double Jump.
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