The operator of the nail salon "FASTNAIL" has formulated a "21,000 Bitcoin Financial Supplement Plan" ── estimated to be worth 434 billion yen | CoinDesk JAPAN

Convano, which operates the nail salon "FASTNAIL", announced on August 4th that it aims to hold 21,000 BTC, which is 0.1% of the total Bitcoin issuance limit, by the end of March 2027, under the "Convano 21,000 Bitcoin Financial Complement Plan."

The core of this plan, the acquisition of BTC, will be implemented over two years from fiscal 2025 to fiscal 2026, divided into three phases.

First, as Phase I, we aim to acquire 2,000 BTC by the end of December 2025. The estimated total acquisition cost is approximately 34 billion yen at a rate of 17 million yen per BTC.

In the following Phase II, an additional 8,000 BTC will be acquired by the end of August 2026, bringing the total holdings to 10,000 BTC. In this phase, approximately 144 billion yen is expected at a rate of 18 million yen per BTC.

In the final stage, Phase III, we aim to acquire an additional 11,000 BTC by the end of March 2027, reaching our target of holding 21,000 BTC. The estimated total acquisition cost at this time is approximately 220 billion yen, based on an assumed purchase price of 20 million yen per BTC.

The total estimated acquisition amount for the entire plan is approximately 434 billion yen across three phases.

Regarding fundraising, the company stated, "Currently under consideration by the CFO (Chief Financial Officer)." However, as a basic policy for capital strategy, they stated, "To avoid dilution of common stock as much as possible."

The company states that the purpose of this plan is to build a financial foundation aimed at inflation hedging and a leap towards becoming a "WEB3 platformer originating from Japan."