According to CoinDesk, Japanese clothing chain Mac House has completed a fund raising through the allotment of new share reservation rights to third parties, raising a total of 2.391 billion yen (worth about $16.42 million), exceeding the original plan of 1.476 billion yen (about $10.13 million). Of this, up to 1.715 billion yen (about $11.77 million) will be used to buy crypto assets such as Bitcoin, a significant increase from the previously planned 800 million yen.
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According to CoinDesk, Japanese clothing chain Mac House has completed a fund raising through the allotment of new share reservation rights to third parties, raising a total of 2.391 billion yen (worth about $16.42 million), exceeding the original plan of 1.476 billion yen (about $10.13 million). Of this, up to 1.715 billion yen (about $11.77 million) will be used to buy crypto assets such as Bitcoin, a significant increase from the previously planned 800 million yen.