Bitcoin Japan raises $60M but plans to spend just 7% of it on actual Bitcoin
Crypto Briefing·Jul 19, 2026·2 sources·negative
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Bitcoin Japan raised $60M via convertible bonds but will allocate only 7% to Bitcoin, causing investor concern over dilution.
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🇯🇵 NEW: A company literally called "Bitcoin Japan" is raising $60 MILLION and has never bought a single Bitcoin The firm plans to allocate just 7% of the raise to $BTC, with the rest going to AI, rare-earth mining, and robotics. Its stock fell 26.7% on Friday after disclosing the deal could dil
@coinbureau
Jul 19, 2026
Bitcoin Japan raises $60M but plans to spend just 7% of it on actual Bitcoin
Crypto Briefing
Jul 19, 2026