Tokyo Stock Exchange-listed company Bitcoin Japan (formerly Hotta Maru Sho) announced plans to raise approximately 9.657 billion yen net by issuing convertible bonds and new stock subscription rights to EVO FUND. Of this, 662 million yen (about 7% of the total funds raised) will be allocated for opportunistic Bitcoin purchases. The company currently does not hold any BTC. Bitcoin Japan has recorded operating losses for eight consecutive fiscal years, and its previous Bitcoin investment plan was not implemented due to insufficient exercise of rights during the last round of fundraising. (Coinpost) https://(wublock123.com)/news/news-64808