On the 24th, Convano announced the termination of its Bitcoin (BTC) treasury strategy and the sale of its held BTC, securing 8,098,969,000 yen (approximately 8.1 billion yen). These funds will be used to prematurely redeem corporate bonds and to purchase own shares. The company will also discontinue the shareholder benefits program that incorporated BTC.
Related article: Convano completes the sale of its held crypto assets, incurring a loss of approximately 300 million yen. On the 13th, the publicly listed company Convano...