Exchanges· ★★· bullish·

Bitcoin Japan buys first 11.92 BTC for $1 million

  • —Bought 11.9188 BTC for $99,479.94 (about 157.24 million yen)
  • —Purchase plus fees stayed within the $1 million cap
  • —Company raised about 9.7 billion yen via convertible bonds and warrants
  • —662 million yen is allocated to bitcoin investments, with more purchases planned
Why it matters: Another public company is moving part of its treasury into bitcoin, reinforcing the corporate BTC reserve trend in Asia.
#BTC
Source: CoinDesk Japan
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