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U.S. publicly traded company Robot Consulting plans to use 1 billion Japanese Yen to buy ETH
BlockBeats News, September 4th - Robot Consulting Co., Ltd. (Nasdaq: LAWR), a Japanese platform service provider focusing on human resources solutions, announced today its plan to expand into the legal tech and metaverse fields. The company intends to use part of its available cash resources (which may include the proceeds from its initial public offering completed on July 18, 2025) to invest in Ethereum (ETH). This move is part of the company's long-term strategy to integrate blockchain technology into legal tech projects and establish a digital asset reserve.
The company expects to start investing in Ethereum from the fourth quarter of 2025 to the spring of 2026. The planned investment amount is estimated to be up to approximately 1 billion Japanese yen (6.73 million USD), but the specific timing and amount may be adjusted based on market conditions and strategic considerations. The company will mark-to-market its Ethereum holdings on a quarterly basis and any gains or losses from the holdings will be reflected in the company's annual financial statements. If the amount is significant, timely disclosure will be made to investors.
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