Bitcoin and Ethereum treasury companies have gained huge traction, but a Tokyo-listed video game company has announced the purchase of XRP for its crypto treasury asset.
According to the public disclosure by Gumi, the game developer will be buying XRP of 2.5 billion yen from September 2025 to February 2026. The decision to buy XRP came following the board of directors’ approval to buy.
It is worth noting that earlier this year, the company already bought Bitcoin worth 1 billion using its own funds with the intent to stake on the platform Babylon to earn yield.
At this time, the move to buy XRP is not to simply anticipate a price increase but a strategic initiative to participate in the XRP ecosystem, which plays a central role in international remittance and liquidity networks.
As per experts, the move came following the back-to-back accumulation of Bitcoin, Ethereum, Solana, and Dogecoin by publicly listed companies to earn yield and to maintain their balance sheets.
The company said that by BTC and XRP accumulation, it aims to cement the foundation of its blockchain and other businesses and lead to sustainable growth in Gumi’s medium to long-term corporate value.
XRP price updates
XRP is trading at $2.82 with a loss of 1.61% in the past 24 hours, and has lost 7.54% of its price in a week. In the last 30 days, it lost more than 10%.
With this short-term decline, XRP is trading below its all crucial EMAs, including 20-day, 50-day, 100-day, and 200-day exponential moving averages. And in the past six months, a decline of 3.90% has been noted in XRP prices.
XRP’s market cap is $168.39 billion with a loss of 7.94% weekly and 8.33% in a month. It is now dominating 4.52% of the wider crypto market; its dominance is down by 1.43% in a week and has fallen by 6.29% in a month.
A quick overview of Gumi Inc. stock
According to data from TradingView, Gumi Inc. stock is currently priced at 603 JPY, representing a 2.11% loss on the last trading session. It has decreased by 11.71% in the past week and 1.15% in the last 30 days.
However, in a quarter it added 19.17% to its price, up by 15.74% in the past six months, 46.36% YTD, and in the last 52 weeks it added 91.43%.
At press time, the prices of Gumi Inc. are above the 200-day exponential moving average but still below all crucial EMAs, including the 20-day, 50-day, and 100-day.
Gumi Inc. has a market capitalization of $0.20 billion, which grew by 51.64% from $0.13 billion the previous year. With this cap, the company is the 8,503rd most valuable globally.
The company reported 1.54 billion JPY in revenue in Q4, 2024, with a net income of 557.87 million JPY and a net margin of 36.28%.
