Japanese nail salon chain Convano plans to accumulate 21,000 BTC by March 2027.
- Since July, Convano has purchased 165 BTC worth ¥2.9b (~$18m).
- Purchases are funded through bond issuance.
- By the end of the month, the company plans to buy another ¥20b (~$124m) worth of BTC.
- A dedicated BTC strategy department has been created, led by crypto veteran Teruaki Higashi.
P.S. Japanese company Metaplanet currently holds 17,132 BTC on its balance sheet.
Minor adoption signal – mid-cap treasury moves fade quickly now; watch SEC's 31-Jul decision on spot-SOL ETFs for institutional on-ramp impact.
