Bitcoin Japan Seeks Up to ¥9.66 Billion in Financing, Allocates ¥662 Million for First Bitcoin Purchase

Bitcoin Japan is seeking up to ¥9.66 billion in financing through convertible bonds with stock-acquisition rights, which will be allocated partially towards its first Bitcoin purchase.

The approximately ¥662 million earmarked for Bitcoin accounts for roughly seven percent of the potential raise and is intended as a strategic line item in a capital plan rather than a major bet on the cryptocurrency.

The company's prior raise only delivered 54% of planned proceeds, leaving the earlier BTC allocation at zero. This deal aims to refill that bucket and will be used for operating cash, investment, and flexibility, with the convertible structure creating moving parts for equity holders.

A third-party committee reviewed the necessity and appropriateness of the funding on July 15, 2026, giving cover for proceeding with EVO FUND as the allotted counterparty.