Internet reports that Convano, a Japanese nail salon operator listed on the Tokyo Stock Exchange, announced that it has raised approximately 434 billion yen (approximately US$3 billion) to support its Bitcoin treasury reserves. The company aims to purchase 21,000 bitcoins, equivalent to 0.1% of the total supply of bitcoins, making it one of the largest bitcoin holders in the world. It is reported that Convano plans to continue to purchase bitcoins in three phases. His position will reach 2,000 bitcoins by the end of 2025, 10,000 bitcoins in August 2026, and 21,000 bitcoins in March 2027.