Japan-listed Konbano raises US$136.4 million to buy Bitcoin
Son Min
Summary
- 'Konbano' said it is raising US$136.4 million (20 billion yen) to purchase Bitcoin.
- It said the funds will be used to secure additional Bitcoin by the end of November.
- Konbano is reported to hold 364.93BTC.
The beauty franchise operator 'Konbano', listed on the Tokyo Stock Exchange, is raising 20 billion yen (US$136.4 million) to buy Bitcoin (BTC).
On the 9th (local time), BitcoinTreasury said on X (formerly Twitter), "Konbano is raising 20 billion yen to make additional Bitcoin purchases," and "The funds raised will be used to secure additional Bitcoin by the end of November."
Konbano is currently reported to hold 364.93BTC.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit