A nail salon company in Japan has become the latest name in corporate Bitcoin buying. Convano, listed in Tokyo, has revealed plans to spend about ¥434 billion ($3 billion) to accumulate 21,000 BTC, equal to 0.1% of the total supply.

Reports said the group’s target would put it among the world’s largest Bitcoin-holding firms.

Convano’s Bold Three-Phase Strategy

Convano has already raised ¥4.5 billion through corporate bonds and used the funds to purchase 365 BTC. Taiyo Azuma, who leads the company’s Bitcoin strategy office, said the goal is clear: 2,000 BTC by the end of 2025, 10,000 BTC by August 2026, and 21,000 BTC by March 2027.

Shares of the company have soared since the announcement. The stock is up over 220% in the past month and an extraordinary 1,414% since the start of the

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