On June 19, CoinWorld reported that the Japanese clothing chain Mac House has completed fundraising through the issuance of new shares to third parties, raising a total of 2.391 billion yen (approximately 16.42 million USD), exceeding the original plan of 1.476 billion yen (approximately 10.13 million USD). The company stated that the funds raised exceeded expectations due to the average exercise price of the new shares being higher than anticipated. Of this amount, up to 1.715 billion yen (approximately 11.77 million USD) will be used to purchase cryptocurrencies such as Bitcoin, significantly increasing from the previously planned 800 million yen.
Earlier, on June 12, Mac House announced the launch of a new strategy for 'finance, investment, and mergers & acquisitions' and revealed plans to invest in cryptocurrencies. To formally advance this investment, the company announced an organizational change on the same day, establishing a 'Digital Asset Operations Group' within the management headquarters, responsible for cryptocurrency and stock investment and risk management.

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