Japanese nail salon chain Convano Inc. launches an ambitious Bitcoin reserve strategy aiming to accumulate 21,000 BTC by March 2027 through phased acquisitions and dedicated risk management, spurring a notable stock surge.
Convano Inc., a Tokyo-based nail salon chain, announced on July 17 its plan to accumulate 21,000 BTC by March 2027 in three phases—2,000 BTC by December 2025, 10,000 by August 2026, and 21,000 by March 2027—to hedge against inflation and diversify currency exposure. The company has established a dedicated Bitcoin Strategy Office led by Taiyo Azuma to manage investment and risk, and secured financing rounds totaling around 5.5 billion yen. It has already invested 2.9 billion yen, holding approximately 164.93 BTC, and its stock surged about 78.76% following the announcement. This move reflects a broader trend among Japanese companies adopting Bitcoin reserves amid evolving tax policies and economic uncertainties.
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