Bitcoin Japan Corporation announced today that it has invested in Space Exploration Technologies Corp., the aerospace and satellite communications company founded by Elon Musk that is anticipated to go public next month.

The investment was made through BTCJPN US LLC, Bitcoin Japan’s wholly owned US subsidiary, using a Special Purpose Vehicle managed by a US.-registered general partner. The transaction was completed on the private secondary market.

The Tokyo-listed public company, which has undergone a major transformation from a legacy kimono and apparel wholesaler into a Bitcoin and AI-focused investment company, said the investment supports its strategy focused on digital assets, AI infrastructure, and the next-generation digital infrastructure sectors.

“Following the extraordinary shareholders meeting, we have focused on strengthening Bitcoin Japan’s corporate foundation and positioning the company for long-term participation in high-growth technology sectors,” Phillip Lord, Representative Director and CEO of Bitcoin Japan Corporation, said in a statement.

“The global structural trends surrounding AI infrastructure, AI compute infrastructure, data connectivity, and related digital infrastructure represent what we believe to be significant long-term investment opportunities. Through its launch business and Starlink communications network, SpaceX has established infrastructure assets on a global scale, and this investment aligns with our long-term strategic approach,” he added.

Formerly known as Marusho Hotta, the business traces its origins to 1861 and now believes Bitcoin treasury assets and AI-driven enterprises will define the next phase of corporate value creation in Japan.

Bitcoin Japan will continue to assess technology and digital infrastructure investments in a disciplined and governance-focused framework, according to Lord.