Mining Revenue: Profits are earned through block rewards and transaction fees. Data from 2018 shows that 240 bitcoins and 525 bitcoins cash were mined within 3 months, worth approximately 3.3 million dollars. In 2025, cloud mining services will be launched, allowing users to earn daily revenue by purchasing hash power contracts; for example, a contract investment of 5,000 dollars can yield a daily income of 76 dollars. Stablecoin transaction fees: GYEN and ZUSD charge a fee of 0.1% - 0.5% for issuance, exchange, and cross-border transactions. As of July 2025, the circulation of GYEN is approximately 13.8 million USD, mainly used for cross-border remittances and cryptocurrency trading hedges. Investment returns: Profits are gained through the appreciation of equity and tokens in blockchain projects. For example, the Caldera (ERA) token invested in saw a weekly increase of 40% in 2025, indirectly driving the appreciation of the group's assets. Energy arbitrage: Utilizing low-priced hydropower in Northern Europe for mining, with electricity costs below the industry average, the mining business recouped its investment within 3 months in 2018.

Financial diversification: The cryptocurrency business accounts for 12% of the group's profits (2024 data), hedging against risks in traditional internet business. For example, during the Bitcoin price surge in 2025, mining revenues offset the slowdown in the domain registration business. Technical Collaborative Innovation: Blockchain technology feeds back into traditional businesses, such as Arweave's permanent storage technology being used for archiving oil exploration data, reducing centralized storage costs. Market influence enhancement: As Japan's first publicly listed company to engage extensively in cryptocurrency, the launch of its stablecoin GYEN fills the gap in the digitization of the yen and is regarded as an important part of Japan's Web3 strategy. Green Energy Benchmark: The mining business has been designated by the Norwegian government as a "green computing power" demonstration project, enhancing the company's ESG rating and attracting investors focused on sustainable development.

Bitcoin ( BTC ): Demand-side pull: Early mining operations directly increased the market demand for Bitcoin, mining 240 Bitcoins within 3 months in 2018, providing short-term support for the coin price. Energy - Financial Closed Loop: The green mining model enhances Bitcoin's "environmental attributes," attracting ESG investors and promoting long-term valuation increases. Stablecoin GYEN/ZUSD: Cross-border payment bridge: GYEN supports real-time settlement in Japanese yen, reducing cross-border remittance costs (fees are 80% lower than traditional banks), promoting the circulation of yen in the cryptocurrency field. Compliance Demonstration Effect: GYEN, as the first yen stablecoin regulated by the state of New York, provides a compliance model for other fiat stablecoins and promotes the improvement of the regulatory framework. Other cryptocurrencies: There is no public information showing direct holdings of ETH, SOL, etc., but there is indirect participation in the Ethereum ecosystem through investments in projects like Caldera (ERA) and Arweave (AR), promoting the liquidity of related tokens.