The Japanese operator of the Convano Nail Hall has officially launched its Bitcoin (BTC) acquisition strategy, after its ambitious plan to collect approximately ¥ 434 billion ($ 3 billion) to buy 21,000 bitcoin, equivalent to 0.1% of the total offer.
According to a Bloomberg report on August 30, the company of Nail Salon de Tokyo plans to become one of the world’s largest corporate bitcoin holders.
In response, Taiyo Azuma, director of the Holding BTC Strategy Office of Convano, described a Three Bitcoin Bitcoin Acquisition Plan, with a 2,000 BTC target at the end of 2025.
The portfolio is expected to reach 10,000 BTC in August 2026, as Azuma said. “Our goal is clear. By March 2027, our goal is to acquire 21,000 BTC and become one of the world’s main companies.“
The Bitcoin Conquisition Strategy is an answer to the economic pressures of Japan
Convano frames his BTC pivot as a strategic response to macroeconomic challenges.
A prolonged decrease in Yen, approximately 21% weaker against the dollar during the last decade, has increased the costs of wages and raw materials in its consumer services business.
“We begin to think of Bitcoin due to the persistent depreciation of yen and geopolitical risks“Azuma told Bloomberg.” Bitcoin is a long -term value store. “
From the funds that Convano has raised to date, ¥ 4.5 billion came from corporate bonds, and has acquired 365 bitcoin with him.
The Bitcoin acquisition announcement has raised the highest convert shares, with actions that rise 223.27% in the last month and increase 1,414.68% andTD.
Japan has become an unexpected center for the accumulation of Bitcoin through companies that quote on the stock market.
Metaplenet Inc., a former hotel operator, now has almost 19,000 bitcoin, classifying among the 10 main global headlines.
According to Bitcoin Treasury bonds, seven Japanese companies are now among the 100 main public companies that have BTC.
However, the sustainability of cryptographic treasure strategies remains a topic of debate.
Bitcoin’s acquisition leaders such as Strategyb (previously Microstrategy) face challenges since MSTR shares have decreased 15.35% in the last 30 days, while Bitcoin trades 12.85% below their maximum of two weeks of $ 124,457.
If the strategic could face this risk, a great drop in Convani’s actions means that its financing model can collapse.
When asked about concerns regarding the volatility of Bitcoin’s price, Azuma believes that the perceived risk is really beneficial.
According to him, Convano welcomes Bitcoin Price falls for four reasons.
First, the lowest prices allow the company to acquire more bitcoin. Secondly, greater volatility increases company’s income.
He added that the combination of “low rates and high volatility” creates optimal conditions to achieve the objective of 21,000 BTC. Finally, the company can effectively manage the associated risks.
Experts warn Bitcoin’s acquisition strategy based on “unstable land”
However, experts such as Vaneck Digital Asset Research Chief, Matthew Sigel, argue that Bitcoin Treasury strategies adopted by public companies rest in “unstable land”, with growing risks that could eliminate the value of shareholders.
According to Sigel, when the actions are negotiated significantly above their Net Bitcoin (NAV) asset value, the issuance of a new equity generates premiums.
However, once the prices of the shares are approaching parity with the value of Bitcoin’s holdings, dilution occurs.
“That is not capital formation. It is erosion“Sigel wrote.
He suggestions That companies that use Bitcoin as a treasure asset must implement safeguards, such as pausing ATM programs and prioritizing shares of shares, while there are premiums.
Glassnode’s main analyst James Check shared similar concerns about the longevity of corporate Bitcoin Treasury strategies.
“My instinct is Bitcoin’s treasure strategy has a much shorter shelf life than most expects“Check published in X in July.
Check argued that while the first adopters, such as Microstrategy, which has almost 600,000 BTC, have established their domain, the new treasure companies face more steep challenges.
Nobody wants the 50th Treasury company.
I think we are already close to the ‘mute me’ phase, where it will be increasingly difficult for the random company X to maintain a premium and take off without a serious niche.
Retail speculators buy start tco, and have no …– _checkmate
(@_Checkmate_) July 4, 2025
(@_Checkmate_) “Nobody wants the 50th Treasury Company“He said, warning that investors increasingly demand a clear differentiation instead of another company that simply adds Bitcoin to his balance sheet.
The post Japanese nail room announces that the Bitcoin acquisition strategy of $ 3 billion first appeared in Cryptonews.
