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Convano Inc. increases Bitcoin reserves to 21,000 by 2027

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by Giorgi Kostiuk

an hour ago

Tokyo-listed Convano Inc. has announced plans to increase its Bitcoin holdings, aiming to acquire 21,000 BTC by March 2027.

Convano Inc.'s Bitcoin acquisition plans

Convano Inc. plans to raise around $3 billion to achieve its goal of accumulating Bitcoin. According to BitcoinTreasury(dot)Net, Convano currently holds 519 BTC valued at $56.65 million, with an average price of $117,048 per coin.

Current assets and company status

As of now, Convano Inc. ranks 56th among publicly traded companies in terms of Bitcoin holdings, while Phoenix Group PLC is in 57th place with 514 BTC. A post on X dated August 18, 2025, outlined the company's Bitcoin accumulation strategy.

Convano Inc. stock and financial metrics

Recently, Convano's stock has been trading at 248 JPY, reflecting a decrease of 14.19%. Over the past 52 weeks, stock prices have ranged from 15 JPY to 375 JPY. In Q1 2025, Convano Inc. reported revenues of 1.06 billion JPY and a net income of 116.56 million JPY.

Convano Inc. continues its strategy of increasing Bitcoin reserves despite current fluctuations in cryptocurrency prices and economic conditions.

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