According to Wu Blockchain, Bloomberg reports that Japanese publicly listed company Convano has announced plans to transform into a major Bitcoin holder, aiming to raise 434 billion yen (approximately $3 billion) to purchase 21,000 BTC (about 0.1% of the total supply). As of August 25, Convano has only raised 2% of the planned funds, currently holding 365 BTC. The 4.5 billion yen raised so far mainly comes from corporate bonds.