Convano Inc. plans to purchase ¥1.5 billion worth of Bitcoin using funds raised from a corporate bond issuance, further expanding its digital asset investments.
Convano Inc. announced its decision to acquire an additional 1.5 billion yen (about $10.1 million) in Bitcoin, separate from previous investments. The funding will come from newly issued corporate bonds, with plans to complete the purchase by the end of July 2025, depending on market conditions.