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Tuesday, 21 July 2026
Economy

Bitcoin Japan Holds No Bitcoin, Plans $60M Raise with EVO Fund to Buy Some

Talivio News · Global 1 min read
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Close-up of shiny gold Bitcoin coins arranged on a white surface. Bastian Riccardi

Bitcoin Japan, a subsidiary of Metaplanet, currently holds no bitcoin but plans to raise $60 million from EVO Fund to purchase the cryptocurrency, according to reports.

$60 million

Bitcoin Japan plans to raise this amount from EVO Fund.

The planned raise comes despite a market downturn, and the company intends to use the funds to purchase bitcoin, as stated by Bitcoin Japan.

Bitcoin Japan is a subsidiary of Metaplanet, and a prior December raise by the company funded stakes in SpaceX and Figure AI, both AI infrastructure investments.

The plan to buy bitcoin comes despite a market downturn.
— Bitcoin Japan

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Sources

  1. theblock.co — Bitcoin Japan, which holds no bitcoin, taps EVO Fund in planned $60 million raise to finally buy some (opens in a new window)
  2. bitcoinmagazine.com — Metaplanet’s Bitcoin Japan Announces Plan to Scoop Up Coins Despite Market Downturn  (opens in a new window)
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