Convano Inc. Raises 2 Billion JPY to Boost Bitcoin Holdings

Convano Inc. aims to acquire 21,000 bitcoins by March 2027, having already purchased 165 bitcoins in two weeks since launching its reserve strategy.

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Summary

Convano Inc., a Japanese nail salon chain, plans to hold 21,000 bitcoins by March 2027. The company is raising 2 billion yen (about $13.54 million) in August to increase its holdings and has already acquired approximately 165 bitcoins in the past two weeks since initiating its bitcoin reserve strategy.

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