Bitcoin Japan Secures ¥9.66B for First BTC Buy, Venture Push

Bitcoin Japan had signaled a treasury strategy before but postponed actual Bitcoin buys. A previous warrant exercise with Macquarie delivered partial funding that was redirected elsewhere as the share price moved, leaving no allocation for digital assets at the time.

The company stressed that raw Bitcoin quantity isn’t the core benchmark. The goal is sustainable growth in intrinsic value per share through capital allocation across digital assets, resource projects, and tech startups.

Timing for the broader investment rollout runs from August 2026 through February 2028. The initial Bitcoin purchase is expected sooner, within the first tranche of the financing.

Bitcoin Japan’s entry comes as some Japanese listed companies look for assets less tied to the yen’s trajectory. The deal gives the firm committed capital without immediate full dilution, while the small first Bitcoin buy lets it build custody, compliance and governance frameworks before scaling, the company said. The shareholder who lent shares for hedging retains his ownership stake, preserving upside.

EVO Fund’s track record in structured equity-linked financing in Japan means the mechanism is tested, Bitcoin Japan noted. The company is publicly listed on the Tokyo Stock Exchange.