Convano Adds 85.8 BTC, Targets 21,000 by 2027

• Convano adds 85.8 BTC, crossing 600 BTC in total reserves.
• The company eyes 21,000 BTC by 2027, equal to 0.1% of total supply.

On September 30, 2025, Cryptopolitan and Coinfomania reported that Japanese firm Convano Inc. purchased an additional 85.8 BTC over two days as part of its aggressive Bitcoin acquisition strategy. The company acquired 29.71 BTC on September 29 and 56.12 BTC on September 30, bringing its total Bitcoin holdings to 605.75 BTC.

Convano has funded its Bitcoin purchases through corporate bonds and internal cash reserves, a method designed to maintain autonomy over its accumulation strategy. In 2025 alone, Convano has steadily grown its holdings, purchasing 155 BTC in August and 85 BTC in July.

The company has set an ambitious goal of acquiring 21,000 BTC by March 2027, equivalent to 0.1% of Bitcoin's total fixed supply. Convano plans to achieve this milestone while developing a Bitcoin-centered treasury and income business. The firm also aims to generate additional Bitcoin revenue through options trading, a strategy that aligns with its broader goal to leverage Bitcoin’s market dynamics for sustainable growth.

This transition into a Bitcoin treasury strategy marks a significant evolution from Convano’s roots as a chain of nail salons. Seven Japanese firms, including Convano, now rank among the top 100 public companies holding Bitcoin, showcasing a growing trend of corporate adoption in the region.

However, financial analysts have expressed concerns about the company’s aggressive strategy. They caution that an overreliance on Bitcoin could expose Convano to heightened risks, including shareholder discontent if stock value becomes overly tied to volatile Bitcoin markets.

As of September 30, 2025, 16:08 UTC, Bitcoin (BTC) is trading at $113,191.09, with a 0.62% decline in its 24-hour volume, according to CoinMarketCap.