Convano sells Bitcoin at a ¥298 million loss as its stock plunges 46.26% over the past year.
Convano, the parent company of Japanese nail salon brand FASTNAIL, ended its Bitcoin reserve strategy at a loss. The company’s shares traded at 110 yen as of August 17, down 46.26% over the past year. They briefly fell below 100 yen to 99 yen during trading on August 13. Convano completed the sale of all its Bitcoin holdings on August 10, recognizing a loss of approximately 298 million yen on the sale. Convano’s Bitcoin Purchase Records Convano’s board of directors approved the launch of its Bit
MarketWhisper·08-18 03:01


