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Bitcoin Japan Plans $60M Fundraise, Dedicates $4M to Bitcoin Purchases

Covered by 2 sources · 2 articles

2 outlets - including Cryptobriefing and Livebitcoinnews - are covering this story. Bitcoin Japan Corporation raised $60M via convertible bonds but will allocate just 7% to Bitcoin, with 95-110% share dilution spooking investors. The post Bitcoin Japan raises $60M but plans to spend just 7% of it on actual Bitcoin appeared…

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Bitcoin Japan raises $60M but plans to spend just 7% of it on actual Bitcoin
Crypto Briefing News Jul 19, 08:49 UTC

Bitcoin Japan raises $60M but plans to spend just 7% of it on actual Bitcoin

Bitcoin Japan Corporation raised $60M via convertible bonds but will allocate just 7% to Bitcoin, with 95-110% share dilution spooking investors. The post Bitcoin Japan raises $60M but plans to spend just 7% of it on actual Bitcoin appeared…

Live Bitcoin News Jul 17, 17:00 UTC

Bitcoin Japan Plans $60M Fundraise, Dedicates $4M to Bitcoin Purchases

After an earlier funding setback, Bitcoin Japan revives its treasury ambitions through a $60M raise and a modest Bitcoin allocation. Japan-listed Bitcoin Japan has unveiled a new funding round after previous efforts failed to deliver enough…