Bitcoin Japan plans to issue bonds, raise funds, and purchase Bitcoin for the first time

According to CoinPost, Japanese listed company Bitcoin Japan plans to raise funds through the issuance of 1.5 billion yen unsecured convertible corporate bonds and 593779 new stock subscription rights. After deducting expenses, the net fundraising amount is approximately 9.657 billion yen, of which 660 million yen and approximately 4.069 million US dollars will be used for the company's initial purchase of Bitcoin.