Bitcoin Japan, which holds no bitcoin, taps EVO Fund in planned $60 million raise to finally buy some
The Block·
60-second summary
Bitcoin Japan, a company with no existing bitcoin holdings, is planning a $60 million raise through EVO Fund, its first dedicated bitcoin purchase. A previous December raise funded stakes in SpaceX and Figure AI, described as the company's two AI infrastructure investments to date, but not its intended bitcoin acquisition.
A prior December raise instead funded stakes tied to SpaceX and Figure AI, which the company says are its two AI infrastructure investments to date.