{"id":44961,"date":"2025-08-31T10:46:35","date_gmt":"2025-08-31T10:46:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44961"},"modified":"2025-08-31T10:46:35","modified_gmt":"2025-08-31T10:46:35","slug":"unexpected-bitcoin-player-japanese-nail-salon-targets-3-b-in-btc-holdings","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44961","title":{"rendered":"Unexpected Bitcoin Player: Japanese Nail Salon Targets $3-B In BTC Holdings"},"content":{"rendered":"<div>\n<p>A nail salon company in Japan has become the latest name in corporate Bitcoin buying. Convano, listed in Tokyo, has revealed plans to spend about \u00a5434 billion ($3 billion) to accumulate 21,000 BTC, equal to 0.1% of the total supply.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-29\/japanese-nail-salon-attempts-reinvention-as-major-bitcoin-btc-holder\" target=\"_blank\" rel=\"noopener nofollow\">Reports<\/a> said the group\u2019s target would put it among the world\u2019s largest Bitcoin-holding firms.<\/p>\n<h2>Convano\u2019s Bold Three-Phase Strategy<\/h2>\n<p>Convano has already raised \u00a54.5 billion through corporate bonds and used the funds to purchase <a href=\"https:\/\/bitcointreasuries.net\/public-companies\/convano-inc\" target=\"_blank\" rel=\"noopener nofollow\">365 BTC.<\/a> Taiyo Azuma, who leads the company\u2019s Bitcoin strategy office, said the goal is clear: 2,000 BTC by the end of 2025, 10,000 BTC by August 2026, and 21,000 BTC by March 2027.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-570054\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/08\/a_da11aa.png?resize=810%2C690\" alt=\"\" width=\"810\" height=\"690\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/08\/a_da11aa.png?w=810 810w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/08\/a_da11aa.png?w=493 493w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/08\/a_da11aa.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/08\/a_da11aa.png?w=775 775w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/08\/a_da11aa.png?w=750 750w\" sizes=\"(max-width: 810px) 100vw, 810px\"><\/p>\n<p>Shares of the company have soared since the announcement. The stock is up over 220% in the past month and an extraordinary 1,414% since the start of the year.<\/p>\n<p>Investors appear to be treating Convano\u2019s stock as a direct gateway to crypto exposure, a pattern seen before with other public companies tied to crypto.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"ja\">\u30b3\u30f3\u30f4\u30a1\u30ce\u304c\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u306b\u53d6\u308a\u4e0a\u3052\u3089\u308c\u307e\u3057\u305f\u3002\u3042\u308a\u304c\u305f\u3044\u3053\u3068\u306b\u3001\u5f90\u3005\u306b\u56fd\u969b\u7684\u306a\u8a8d\u77e5\u304c\u5e83\u304c\u3063\u3066\u3044\u308b\u306e\u3092\u611f\u3058\u3066\u3044\u307e\u3059\u3002\u79c1\u305f\u3061\u306e\u76ee\u6a19\u306f\u660e\u78ba\u30022027\u5e743\u6708\u307e\u3067\u306b\u300c21,000 BTC\u300d\u3092\u7372\u5f97\u3057\u3001\u4e16\u754c\u6709\u6570\u306e\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u4fdd\u6709\u4f01\u696d\u306b\u306a\u308b\u3053\u3068\u3067\u3059\u3002 <a href=\"https:\/\/t.co\/cLC1Ew6ZdA\" rel=\"nofollow\">https:\/\/t.co\/cLC1Ew6ZdA<\/a><\/p>\n<p>\u2014 \u6771 \u5927\u967d | \u30b3\u30f3\u30f4\u30a1\u30ce\u53d6\u7de0\u5f79\uff086574\uff09 (@MotokiyoA) <a href=\"https:\/\/twitter.com\/MotokiyoA\/status\/1961726129540350330?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">August 30, 2025<\/a><\/p>\n<\/blockquote>\n<h2>Yen Weakness Drives Crypto Move<\/h2>\n<p>The motivation behind this sudden pivot goes beyond chasing market hype. According to Azuma, the persistent weakness of the yen against the dollar has pressured wages and raw material costs for <a href=\"https:\/\/convano.com\/en\/company-overview\" target=\"_blank\" rel=\"noopener nofollow\">Convano\u2019s core business.<\/a><\/p>\n<p>The currency has lost around 20% of its value over the past decade. Bitcoin, Azuma argued, offers protection as a long-term store of value during uncertain times.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/iWhHIykZ\/\" width=\"1835\" height=\"909\"><\/p>\n<p>\u201cWe started to think about Bitcoin because of persistent yen depreciation and geopolitical risks,\u201d he said.<\/p>\n<p>Convano\u2019s management also pointed to the benefit of crypto volatility, claiming that price swings allow for more accumulation opportunities while also creating favorable conditions to grow the portfolio.<\/p>\n<p>Experts Raise Questions On Sustainability<\/p>\n<p>Not everyone is convinced the plan can last. Matthew Sigel, head of digital assets research at VanEck, warned that these kinds of treasury strategies rest on \u201cshaky ground.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"ja\">\u300c\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u4fa1\u683c\u304c\u4e0b\u304c\u308b\u3068\u56f0\u308a\u307e\u305b\u3093\u304b\uff1f\u300d<\/p>\n<p>\u53d6\u6750\u3067\u3088\u304f\u805e\u304b\u308c\u307e\u3059\u304c\u5b9f\u306f\u201d\u3080\u3057\u308d\u9006\u201d\u3067\u3059\u3002<\/p>\n<p>\u306a\u305c\u30b3\u30f3\u30f4\u30a1\u30ce\u306fBTC\u306e\u4fa1\u683c\u304c\u4e0b\u304c\u308b\u3068\u5b09\u3057\u3044\u306e\u304b\u3001<\/p>\n<p>\u2460\u4fa1\u683c\u304c\u4e0b\u304c\u308b\u3068\u679a\u6570\u3092\u591a\u304f\u7a4d\u3081\u308b<br \/>\n\u2461\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u304c\u9ad8\u3044\u307b\u3069\u53ce\u5165\u304c\u5897\u3048\u308b<br \/>\n\u2462\u300c\u4f4e\u30ec\u30fc\u30c8\u00d7\u9ad8\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u300d\u304c\u6700\u9069<br \/>\n\u2463\u5b9f\u52d9\u3067\u306f\u30ea\u30b9\u30af\u3092\u7ba1\u7406\u2026 <a href=\"https:\/\/t.co\/EIHJN2XetV\" rel=\"nofollow\">pic.twitter.com\/EIHJN2XetV<\/a><\/p>\n<p>\u2014 \u6771 \u5927\u967d | \u30b3\u30f3\u30f4\u30a1\u30ce\u53d6\u7de0\u5f79\uff086574\uff09 (@MotokiyoA) <a href=\"https:\/\/twitter.com\/MotokiyoA\/status\/1956329072273117433?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">August 15, 2025<\/a><\/p>\n<\/blockquote>\n<p>He pointed out that when company stocks trade above the net value of their BTC holdings, issuing new shares creates premiums.<\/p>\n<p>But once stock prices fall closer to the actual value of Bitcoin owned, dilution sets in. \u201cThat is not capital formation. It is erosion,\u201d he said.<\/p>\n<p>Crypto Accumulation<\/p>\n<p>Meanwhile, other Japanese firms are already deep in Bitcoin accumulation. <a href=\"https:\/\/metaplanet.jp\/en\" target=\"_blank\" rel=\"noopener nofollow\">Metaplanet<\/a>, once a hotel operator, has secured nearly 19,000 BTC, placing it among the top 10 global holders.<\/p>\n<p>According to Bitcoin Treasuries, seven publicly listed firms in Japan now rank among the 100 largest Bitcoin-holding companies worldwide.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A nail salon company in Japan has become the latest name in corporate Bitcoin buying. Convano, listed in Tokyo, has revealed plans to spend about \u00a5434 billion ($3 billion) to accumulate 21,000 BTC, equal to 0.1% of the total supply. Reports said the group\u2019s target would put it among the world\u2019s largest Bitcoin-holding firms. Convano\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-44961","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44961"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44961\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}