SBC Medical Group Holdings Announces its Purchase of Bitcoin
February 12 2025 - 6:00AM
Business Wire
SBC Medical Group Holdings Incorporated (Nasdaq: SBC) (“SBC
Medical” or the “Company”) today announced that it has made a
decision to purchase Bitcoin (BTC), the world’s most widely
circulated cryptocurrency. This purchase, totaling equivalent to 1
billion yen, is part of the company’s strategic initiatives which
aim to build a robust financial base that supports long-term
enterprise value creation through the flexible and efficient cash
management in response to macroeconomic conditions.
Cryptocurrencies are gaining attention as a new store of value
and are recognized as a means of improving financial stability
through diversification. Particularly during periods of inflation,
cryptocurrencies like Bitcoin can serve as an effective asset
preservation tool. Bitcoin, as the largest cryptocurrency by market
capitalization and with a limited supply, is expected to experience
long-term value appreciation and is increasingly recognized as an
attractive means of hedging against inflation for corporations.
This purchase is positioned as a critical step toward
establishing a robust financial foundation that can flexibly adapt
to various economic environments and support sustainable growth. By
adhering to the principles of asset diversification and
implementing rigorous risk management measures, SBC Medical Group
Holdings aims to manage this asset prudently and responsibly.
Moving forward, the company will continue to prioritize
strategic investments that drive business growth while leveraging
flexible financial strategies, including cryptocurrencies, to
maximize its revenue. SBC Medical Group Holdings is committed to
enhancing transparency in its operations and strengthening trust
with shareholders and stakeholders alike.
The purchase was executed through Coinbase, Inc., a major
cryptocurrency exchange in the United States, by SBC Medical Group
Holdings, the group’s holding company in the U.S. This decision was
made with careful consideration of accounting, tax, and cyber
security aspects.
Updates on our initiatives and progress will be shared through
our official website. We sincerely thank our shareholders and
stakeholders for their continued support and understanding as we
move forward with our growth-oriented strategies.
Details of Cryptocurrency Purchase
- Cryptocurrency to be Purchased: Bitcoin
- Purchase Amount: equivalent to 1 billion yen
- Purchase Period: February to May 2025 (Planned)
About SBC Medical
SBC Medical, headquartered in Irvine, California and Tokyo,
Japan, owns and provides management services and products to
cosmetic treatment centers. The Company is primarily focused on
providing comprehensive management services to franchisee clinics,
including but not limited to advertising and marketing needs across
various platforms (such as social media networks), staff management
(such as recruitment and training), booking reservations for
franchisee clinic customers, assistance with franchisee employee
housing rentals and facility rentals, construction and design of
franchisee clinics, medical equipment and medical consumables
procurement (resale), the provision of cosmetic products to
franchisee clinics for resale to clinic customers, licensure of the
use of patent-pending and non-patented medical technologies,
trademark and brand use, IT software solutions (including but not
limited to remote medical consultations), management of the
franchisee clinic’s customer rewards program (customer loyalty
point program), and payment tools for the franchisee clinics. For
more information, visit https://sbc-holdings.com/
Forward-Looking Statements
This press release contains forward-looking statements.
Forward-looking statements are not historical facts or statements
of current conditions, but instead represent only the Company’s
beliefs regarding future events and performance, many of which, by
their nature, are inherently uncertain and outside of the Company’s
control. These forward-looking statements reflect the Company’s
current views with respect to, among other things, the Company’s
product launch plans and strategies; growth in revenue and
earnings; and business prospects. In some cases, forward-looking
statements can be identified by the use of words such as “may,”
“should,” “expects,” “anticipates,” “contemplates,” “estimates,”
“believes,” “plans,” “projected,” “predicts,” “potential,”
“targets” or “hopes” or the negative of these or similar terms. The
Company cautions readers not to place undue reliance upon any
forward-looking statements, which are current only as of the date
of this release and are subject to various risks, uncertainties,
assumptions, or changes in circumstances that are difficult to
predict or quantify. The forward-looking statements are based on
management’s current expectations and are not guarantees of future
performance. The Company does not undertake or accept any
obligation to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions, or circumstances
on which any such statement is based, except as required by law.
Factors that may cause actual results to differ materially from
current expectations may emerge from time to time, and it is not
possible for the Company to predict all of them; such factors
include, among other things, changes in global, regional, or local
economic, business, competitive, market and regulatory conditions,
and those listed under the heading “Risk Factors” and elsewhere in
the Company’s filings with the U.S. Securities and Exchange
Commission (the “SEC”), which are accessible on the SEC’s website
at www.sec.gov.
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version on businesswire.com: https://www.businesswire.com/news/home/20250212035725/en/
SBC Medical Group Holdings Incorporated Hikaru Fukui / Head of
Investor Relations e-mail: ir@sbc-holdings.com
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