Convano Completes Sale of Cryptocurrency Holdings, Incurs Approximately 300 Million Yen in Losses

Cryptocurrency Sale Completed

Convano, operator of eyelash extension salons among other ventures, announced on August 13 that it had completed the sale of its cryptocurrency holdings as of August 10. The sale included all cryptocurrencies held by the group, except for those allocated for shareholder perks and those provided as collateral.

The company will continue to hold the portion allocated for shareholder perks. The portion provided as collateral will be handled separately depending on future circumstances.

The losses incurred from this sale amounted to approximately 298 million yen...