ANAP Books 4.37 Billion Yen Bitcoin Valuation Loss as Net Loss Reaches 7.32 Billion Yen

Japanese apparel company ANAP booked a 4.37 billion yen Bitcoin valuation loss, contributing to a net loss of 7.32 billion yen for the fiscal year. The company held 1,432.16 BTC at August 31, and its net loss was about 2.8 times the prior year's.