TORICO buys additional Ethereum
TORICO, a TSE Growth-listed company that operates Mangazenkan.com, an online bookstore specializing in complete volume sets, announced on January 8 that it will acquire additional crypto asset (virtual currency) Ethereum (ETH ($3,119.00)).
Toriko acquired 202.6939 ETH on the same day after the announcement. The acquisition price is 99,999,978 yen and the average acquisition price is 493,354 yen.
As a result, the company’s Ethereum holdings became 419.5195 ETH. The total purchase price is 199,999,945 yen, and the average purchase price is 476,736 yen. Toriko began acquiring Ethereum on December 25, 2025. This is the second Ethereum acquisition for the company.
On July 8 last year, Toriko announced that it would start a crypto asset (virtual currency) investment business as a new company. Subsequently, on December 17 of the same year, the company entered into a capital and business alliance agreement with Mint Town, which handles the Web3 game and platform business, to start the company.
Toriko also announced on July 8 last year that it would invest in Bitcoin (BTC ($90,214.00)) in this sector, but this time it changed its investment target to Ethereum (ETH). The company plans to not only hold the acquired ETH but also use it as a business asset to make profits by combining management methods such as staking.
Moreover, in the capital and business alliance with Mint Town, the company will issue new shares through third-party allocation to the fund “Shooting Star No. 1 Investment Business Limited Liability Partnership”, which is managed and operated by Mint Town, and will issue the 10th share acquisition rights through third-party allocation to three Toriko directors, raising a total of 468 million yen, all of which will be used to purchase ETH.
Toriko plans to allocate up to 821 million yen to the purchase of ETH as a basis for launching a crypto asset investment company, consisting of the 298 million yen raised through the 9th stock acquisition rights initially planned to be used for the purchase of BTC, 200 million yen in cash and 323 million yen raised through the issuance of new shares. In addition, the stock purchase rights worth 145 million yen will be allocated from January 2027.
Toriko’s mission is to “become Japan’s No. 1 Ethereum management company,” and aims to maximize shareholder value through strategic ownership and management of ETH, and as Japan’s most trusted Ethereum holder, vigorously promote social deployment.
In addition, entrepreneurs Takafumi Horie and Yuji Mizoguchi, as well as Hayato Ikeda, announced investments in Mint Town’s “Shooting Star No. 1 Investment Limited Partnership.” In addition, Mint Town Representative Director Hirohisa Kunimitsu will become director of Toriko in June, and until then, he will serve as Toriko’s DAT business advisor.
Reference: TORICO
Image: PIXTA
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