Japanese clothing chain Mac House plans to purchase approximately US$11.77 million in Bitcoin and other crypto assets
Internet reports that Japanese clothing chain Mac House has completed fund-raising by allocating new shares to third parties, raising a total of 2.391 billion yen (approximately 16.42 million US dollars), exceeding the original plan of 1.476 billion yen (approximately 10.13 million US dollars). Among them, a maximum of 1.715 billion yen (approximately 11.77 million US dollars) will be used to purchase Bitcoin and other cryptographic assets, a significant increase from the previously planned 800 million yen.
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