According to Deep Tide TechFlow, on June 19, Japanese clothing retail chain Mac House announced the completion of financing through a third-party directed share subscription rights offering. The company plans to allocate up to 1.715 billion yen for the purchase of cryptocurrency assets such as Bitcoin.
Mac House announced the launch of its 'Finance, Investment, and M&A Business' as a new growth strategy on June 12, and plans to invest in cryptocurrency assets. The company has established a 'Digital Asset Operations Group' within its management headquarters, specifically responsible for investment and risk management of cryptocurrency assets such as Bitcoin.