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Japanese fashion company ANAP posted a large loss for the fiscal year ended August 2026 after booking a Bitcoin valuation loss tied to a decline in BTC prices, CoinPost reported. ANAP said it recorded a 4.37466 billion yen ($27.69 million) cryptocurrency valuation loss as non-operating expenses in its consolidated results for the period from September 2025 to August 2026.
Earlier, ANAP Holdings had recorded a 1.21856 billion yen ($7.72 million) Bitcoin valuation gain for the fiscal year ended August 2025. As of the end of August, ANAP held 1,432 BTC.