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SBC Medical Group Holdings Incorporated (Nasdaq: SBC) (“SBC Medical” or the “Company”) today announced that it has made a decision to purchase Bitcoin (BTC), the world’s most widely circulated cryptocurrency. This purchase, totaling equivalent to 1 billion yen, is part of the company’s strategic initiatives which aim to build a robust financial base that supports long-term enterprise value creation through the flexible and efficient cash management in response to macroeconomic conditions.
Cryptocurrencies are gaining attention as a new store of value and are recognized as a means of improving financial stability through diversification. Particularly during periods of inflation, cryptocurrencies like Bitcoin can serve as an effective asset preservation tool. Bitcoin, as the largest cryptocurrency by market capitalization and with a limited supply, is expected to experience long-term value appreciation and is increasingly recognized as an attractive means of hedging against inflation for corporations.
This purchase is positioned as a critical step toward establishing a robust financial foundation that can flexibly adapt to various economic environments and support sustainable growth. By adhering to the principles of asset diversification and implementing rigorous risk management measures, SBC Medical Group Holdings aims to manage this asset prudently and responsibly.
Moving forward, the company will continue to prioritize strategic investments that drive business growth while leveraging flexible financial strategies, including cryptocurrencies, to maximize its revenue. SBC Medical Group Holdings is committed to enhancing transparency in its operations and strengthening trust with shareholders and stakeholders alike.
The purchase was executed through Coinbase, Inc., a major cryptocurrency exchange in the United States, by SBC Medical Group Holdings, the group’s holding company in the U.S. This decision was made with careful consideration of accounting, tax, and cyber security aspects.
Updates on our initiatives and progress will be shared through our official website. We sincerely thank our shareholders and stakeholders for their continued support and understanding as we move forward with our growth-oriented strategies.
Details of Cryptocurrency Purchase
- Cryptocurrency to be Purchased: Bitcoin
- Purchase Amount: equivalent to 1 billion yen
- Purchase Period: February to May 2025 (Planned)