Japan's Convano completes 3.5 billion yen Bitcoin purchase, adding 200 BTC

PANews reported on August 22nd,

According to an official announcement from Convano, a Japanese listed company, Convano has completed a 3.5 billion yen Bitcoin purchase, totaling 200 new bitcoins at an average price of 17,540,000 yen (approximately $119,000 USD) per coin. The purchase was funded by a combination of 2 billion yen from the third tranche of ordinary bonds and 1.508 billion yen from the fourth tranche of new share subscription rights.

As of now, Convano holds a total of 364.93 bitcoins.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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