Express

Japanese clothing chain Mac House plans to purchase approximately $11.77 million in Bitcoin and other crypto assets

Summary: According to reports, Japanese clothing chain Mac House has completed fundraising through the issuance of new stock warrants to third parties, raising a total of 2.391 billion yen (approximately $16.42 million), exceeding the original plan of 1.476 billion yen (approximately $10.13 million). Of this amount, up to 1.715 billion yen (approximately $11.77 million) will be ...

According to reports, Japanese clothing chain Mac House has completed fundraising through the issuance of new stock warrants to third parties, raising a total of 2.391 billion yen (approximately $16.42 million), exceeding the original plan of 1.476 billion yen (approximately $10.13 million). Of this amount, up to 1.715 billion yen (approximately $11.77 million) will be used to purchase Bitcoin and other crypto assets, a significant increase from the previous plan of 800 million yen. Earlier, on June 12, Mac House announced the launch of a new strategy focusing on 'finance, investment, and M&A business', revealing plans to invest in crypto assets. (CoinDesk)

Last Update:

Tags:
Link: Japanese clothing chain Mac House plans to purchase approximately $11.77 million in Bitcoin and other crypto assets   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago
  • You need to login to comment.