Japanese nail salon chain operator Convano Inc has announced plans to add approximately $2.7 million worth of Bitcoin to its strategic financial reserves. The investment forms part of the company’s treasury diversification strategy, marking a significant allocation into cryptocurrency assets.
This decision positions Convano Inc among a growing number of non-financial corporations expanding into digital assets. The move reflects increasing institutional interest in Bitcoin as an alternative treasury reserve asset beyond traditional currencies and commodities.
Corporate adoption of cryptocurrency continues gaining momentum globally, with non-financial entities exploring digital assets for portfolio diversification. Convano’s allocation underscores confidence in Bitcoin’s long-term value proposition within corporate treasury management frameworks.