Convano Inc. Planning to Acquire 21,000 Bitcoins, Business Transformation from Nail Salon to Crypto Giant?

Jakarta, Pintu News – Tokyo-based company Convano Inc, formerly known as a nail salon operator, now has ambitions to become one of the largest Bitcoin (BTC) holders in the world. This ambitious plan involves raising around ¥434 billion (approximately $3 billion) to buy around 21,000 Bitcoins (BTC), which represents around 0.1% of the total Bitcoin (BTC) supply.

Check out the full information in this article!

Bitcoin Acquisition Strategy

Convano Inc. has designed a Bitcoin (BTC) buying strategy that will be carried out in three stages. In the first stage, the company plans to buy 2,000 Bitcoin (BTC) by the end of 2025. Then, another 10,000 Bitcoin (BTC) will be acquired until August 2026, and the target of 21,000 Bitcoin (BTC) is expected to be reached by March 2027.

This strategy is expected to capitalize on the current lower acquisition cost of Bitcoin (BTC). Motokiyo Azuma, Convano’s Director of Finance and Crypto Strategy, stated that this plan is expected to increase the company’s value and double its share price by ten times.

The decision to invest in Bitcoin (BTC) was also triggered by the depreciation of the yen and heightened geopolitical risks. This shows the company’s strategic shift in the face of global economic uncertainty.

Also read: Macau Accelerates Digital Currency Plan with Sandbox Trial, What are the Details?

Yen Stablecoin Development

In addition to its Bitcoin (BTC) acquisition strategy, Convano also plans to create a stablecoin tied to the yen. This cooperation will be carried out with the FINX JCrypto crypto exchange. These plans include becoming a stablecoin issuer by 2027, of course, after obtaining the necessary regulatory approvals.

The development of this stablecoin is expected to provide more stability and confidence for customers and investors in the crypto ecosystem. By becoming an issuer, Convano hopes to expand its influence in the digital finance sector and provide a stable alternative amid the often unpredictable fluctuations of the crypto market.

Also read: PetroChina Considers Stablecoins for Cross-Border Payments!

Future Challenges and Potential

As of August 25, Convano has only managed to raise 2% of the required funds and has 365 Bitcoin (BTC). Although the company is still far from its target, it remains optimistic about its long-term plans.

However, the 6.7% drop in Convano’s share price on August 29 is a challenge in maintaining investor confidence. Convano’s success in implementing this strategy will not only change its position in the global market but could also set a precedent for other companies to follow suit.

As such, Convano has the potential to become a key player in the crypto industry, while bringing new innovations in the use and acceptance of digital currencies at the corporate level.

Conclusion

Convano Inc.’s ambitious plan to become one of the largest Bitcoin (BTC) holders in the world demonstrates the company’s transformation from a nail salon business to a major player in the crypto market. With a structured strategy and forward-looking vision, Convano has the potential to change the power map in the global crypto industry.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto Times. Japanese Nail Salon Firm Convano to Raise $3B for 21,000 BTC. Accessed on September 1, 2025
• Featured Image: Generated by Ai