Overview

• The company published a three-phase timetable targeting 2,000 BTC by the end of 2025, 10,000 by August 2026, and 21,000 by March 2027.
• It has raised ¥4.5 billion through corporate bonds and has purchased 365 BTC to begin executing the plan.
• The program seeks roughly ¥434 billion (about $3 billion) in total purchases, equal to around 0.1% of Bitcoin’s supply.
• Shares have jumped since the announcement, up about 223% over the past month and 1,414% year to date, according to Google Finance.
• Analysts caution that such treasury strategies carry financing and volatility risks, citing StrategyB/MicroStrategy’s recent stock weakness, while Convano argues price declines and higher volatility help accumulation and revenue.