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gumi Inc. to Acquire 2.5 Billion Yen in XRP to Boost Blockchain Business

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gumi Inc. to Acquire 2.5 Billion Yen in XRP to Boost Blockchain Business

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An update from gumi, Inc. ( (JP:3903) ) is now available.

gumi Inc. has announced its decision to purchase 2.5 billion yen worth of XRP as part of its strategy to strengthen its blockchain-related business. This move aligns with its focus on enhancing financial infrastructure and increasing corporate value over the medium to long term, leveraging its relationship with major shareholder SBI Holdings.

The most recent analyst rating on (JP:3903) stock is a Hold with a Yen615.00 price target. To see the full list of analyst forecasts on gumi, Inc. stock, see the JP:3903 Stock Forecast page.

More about gumi, Inc.

gumi Inc. operates in the blockchain industry, focusing on financial services and crypto assets. The company is known for its strategic investments in digital currencies like Bitcoin and XRP, aiming to enhance its blockchain-related business and drive growth.

Average Trading Volume: 5,904,349

Technical Sentiment Signal: Buy

Current Market Cap: Yen30.51B

See more data about 3903 stock on TipRanks’ Stock Analysis page.

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