Convano, a Japanese listed company, has completed a significant Bitcoin acquisition, purchasing 200 BTC for 3.5 billion yen. The average price per Bitcoin was 17,540,000 yen, approximately $119,000 USD. This purchase was financed through 2 billion yen from the third tranche of ordinary bonds and 1.508 billion yen from the fourth tranche of new share subscription rights. Following this acquisition, Convano's total Bitcoin holdings have increased to 364.93 BTC.
Japan's Convano Acquires 200 BTC in 3.5 Billion Yen Purchase
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