Bitcoin News Today: Convano Inc to Hold 21000 Bitcoins by 2027 as Strategic Investment

Convano Inc., a Japanese company primarily known for its retail beauty services, has revealed plans to accumulate 21,000 Bitcoin by March 2027 as part of a long-term strategic investment in the digital asset. The company is raising between 1.5 and 2 billion yen, equivalent to approximately $13.54 million, to fund its Bitcoin acquisition strategy. According to the CEO, the company intends to gradually build its Bitcoin holdings over the coming years, subject to market conditions and financial progress. As of now, no official confirmation has been made that the full 21,000 BTC has been acquired, and reports suggest the process is still in its early stages.

The acquisition strategy was discussed by Convano’s board on August 4, 2025, indicating that the plan is part of a formal corporate strategy rather than speculative activity. The company has already initiated its accumulation phase, reportedly acquiring 165 Bitcoin in a rapid early-stage purchase. Convano’s move is notable as it joins a growing trend of institutional investors, particularly in Japan, seeking to add Bitcoin as a strategic reserve asset. This trend is largely driven by macroeconomic uncertainty and the search for inflation-resistant alternatives in a low-interest-rate environment.

Convano’s plans have attracted attention from both the financial market and the cryptocurrency community. The company’s bold Bitcoin target has been reported by several crypto-focused media outlets, highlighting its potential to influence broader adoption and institutional confidence in the digital asset. Convano’s approach mirrors that of other publicly traded firms, such as MicroStrategy, which have similarly added Bitcoin to their balance sheets as a hedge against economic volatility.

The company’s initiative also reflects a wider global shift, with an increasing number of corporations treating Bitcoin as a legitimate asset class. While Convano has not released any forecasts regarding the expected returns or valuation of its 21,000 BTC at the time of completion, its commitment underscores the growing perception of Bitcoin as a complementary tool in traditional financial strategies.

At this stage, there is no immediate evidence of Convano’s Bitcoin accumulation significantly affecting Bitcoin’s price or liquidity. The market appears to remain unfazed by the announcement, largely due to the absence of confirmed large-scale purchases. However, if Convano successfully secures the full amount of Bitcoin it aims to hold, it could contribute to broader discussions on the regulatory and market implications of such large-scale institutional holdings.

Source: [1] Bitcoin News Today: Convano Inc to Accumulate 21000 ... (https://www.ainvest.com/news/bitcoin-news-today-convano-accumulate-21-000-bitcoins-2027-raising-13-54m-2508/)

[2] Convano Inc. Plans 21000 Bitcoin Acquisition by 2027 (https://www.bitget.com/news/detail/12560604894600)

[3] Bitcoin News Today: Convano Raises 2 Billion Yen to ... (https://www.ainvest.com/news/bitcoin-news-today-convano-raises-2-billion-yen-expand-bitcoin-holdings-august-2508/)

[4] Convano plans to hold 21000 bitcoins by 2027 (https://www.binance.com/square/post/27855547591106)

[5] Ajax (https://x.com/AjaxBTC/status/1952269152****08224)