PANews, August 31 news, according to Bloomberg, Japanese nail salon operator Convano, listed on the Tokyo Stock Exchange, announced that it has raised approximately 434 billion yen (about 3 billion USD) to support its Bitcoin treasury reserves. The company's goal is to purchase 21,000 Bitcoins, which is equivalent to 0.1% of the total Bitcoin supply, making it one of the largest holders of Bitcoin in the world.
According to reports, Convano plans to continuously purchase Bitcoin in three phases, aiming to hold 2,000 Bitcoins by the end of 2025, 10,000 Bitcoins by August 2026, and 21,000 Bitcoins by March 2027.
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Japanese nail salon operator Convano plans to raise $3 billion to support its Bitcoin treasury reserves.
PANews, August 31 news, according to Bloomberg, Japanese nail salon operator Convano, listed on the Tokyo Stock Exchange, announced that it has raised approximately 434 billion yen (about 3 billion USD) to support its Bitcoin treasury reserves. The company's goal is to purchase 21,000 Bitcoins, which is equivalent to 0.1% of the total Bitcoin supply, making it one of the largest holders of Bitcoin in the world. According to reports, Convano plans to continuously purchase Bitcoin in three phases, aiming to hold 2,000 Bitcoins by the end of 2025, 10,000 Bitcoins by August 2026, and 21,000 Bitcoins by March 2027.