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Deep Tide TechFlow news: On July 17, according to CoinPost, the TSE-listed company Bitcoin Japan (former name: Maru Masa Hotta: 8105) announced that it would issue unsecured convertible bond-type new share subscription rights with the bonds attached, as well as a 2nd tranche of new share subscription rights, by allocating funds to the Cayman Islands investment fund EVO FUND. The estimated net proceeds amount to approximately ¥9.657 billion. This is the first time after the company changed its name that funds were actually allocated to Bitcoin, totaling ¥662 million, or about 7% of the total financing. The remaining funds are mainly used for undisclosed equity investments (¥3.756 billion), an investment in a South African rare-earth mine (¥3.503 billion), and investments in the RaaS business (¥1.446 billion).