Kita Bō, established for 77 years, has a total Bitcoin purchase amount of 57 million yen.

## Starting from August 8, regular purchases of 2 million yen will begin every business day.

On August 7, Kihou (3409), listed on the Tokyo Stock Exchange Standard, announced the latest updates on its Bitcoin (BTC) purchases. They acquired a total of 3.32 BTC (approximately 57.19 million yen) in two transactions on July 24 and August 6, with an average acquisition price of 17,228,115 yen per BTC.

The company will begin a regular purchase policy of continuously buying Bitcoin worth 2 million yen every business day starting from August 8. This strategy aims to continue acquisitions using the dollar-cost averaging method within a total investment limit of 800 million yen, thereby diversifying price fluctuation risks.

On the other hand, the conditions for halting purchases include anticipating a sudden price fluctuation of over 30% within a week, significant regulatory or tax changes, large-scale hacking of the Bitcoin network, or technical failures. They have indicated a policy of continuing investments while carefully monitoring the market environment.

The company, a textile manufacturer founded in 1948, received approval for the addition of business objectives at its annual shareholders' meeting on June 30 and is making a full-scale entry into the cryptocurrency business. The funds for the purchase will be partially allocated from the funds raised through the fourth round of share subscription rights, and there are plans to manage part of its held Bitcoin through lending transactions with lending operators.

Kitabou positions Bitcoin as a global standard "store of value" and plans to utilize it for cross-border services, including partnerships with overseas operators. Against the backdrop of the evolution of blockchain technology and the clarification of regulations, it is said to have a policy of holding it long-term as a foundational asset for promoting diverse business strategies.

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