Convano, a Japanese nail salon chain, is going full degen.
They aim to acquire 21,000 BTC by 2027, which equals 0.1% of total BTC supply.
So far, they’ve spent $18M to scoop up 165 BTC, and are planning to invest another $124M before August ends — all financed through bond issuance.
For context: Metaplanet, Japan’s Bitcoin pioneer, currently holds 17,132 BTC. Convano wants to catch up... with manicured hands. 💅
These nail salons are giving more alpha than half of Crypto Twitter. 😂