Japanese listed company Convano has launched a Bitcoin reserve strategy, planning to purchase $2.70 million worth of Bitcoin this month.

Japanese nail salon operator Convano Inc (6574.T) has announced the official launch of its Bitcoin reserve strategy, with plans to purchase 400 million yen (approximately $2.70 million) worth of Bitcoin in July. The company has established a dedicated "Bitcoin Strategy Office," led by director Taiyo Azuma. [Foresight News]