Konvano, which operates the nail salon FASTNAIL, announced on August 13 that it completed procedures to sell its crypto assets as of August 10. Based on a policy announced on July 24, 2026, the company had been disposing of the assets to curb financial risk from crypto price fluctuations and improve capital efficiency. It had been actively acquiring Bitcoin since 2025 and at one point set a plan to hold 21,000 BTC, but after market conditions changed it announced a review of the acquisition plan in November of that year, and in June 2026 the director who had led the crypto strategy stepped down. As of March 31, 2026, before the sale decision, the book value of crypto assets held by the group had reached 8.76674 billion yen. The company reported that the loss on sale resulting from the completed disposal is approximately 298 million yen.
Convano, Inc.Company completed sale of crypto assets, incurring a loss of approximately 298 million yen.
