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Lib Work Co.,Ltd. ( (JP:1431) ) just unveiled an announcement.
Lib Work Co., Ltd. has announced its decision to acquire Bitcoin worth 500 million yen, reflecting a strategic move to manage inflation risks and foster international collaborations. This acquisition is part of a broader strategy to diversify assets and enhance risk management, with plans to ensure safety and transparency through reliable exchanges and staged purchases. The company will evaluate Bitcoin holdings quarterly, with any significant financial impacts to be reported promptly.
The most recent analyst rating on (JP:1431) stock is a Hold with a Yen817.00 price target. To see the full list of analyst forecasts on Lib Work Co.,Ltd. stock, see the JP:1431 Stock Forecast page.
More about Lib Work Co.,Ltd.
Average Trading Volume: 95,068
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen18.01B
For detailed information about 1431 stock, go to TipRanks’ Stock Analysis page.