S&P 5007,533.77▼0.5% Nasdaq25,881.95▼1.5% Dow52,552.97▼0.2% Russell 2K2,974.57▼0.1% 10-Yr4.57%+2bp VIX16.73+1.06 WTI$79.00▼0.8% Gold$3,981.40▼1.6% EUR/USD1.145▼0.2% BTC$64,806▲1.4% Nikkei68,752▲1.5%
At close · Thu, Jul 16, 2026
Daily Market Updates.

Crypto

Home›Crypto›Bitcoin›Bitcoin Japan plans a $60 million raise to buy bitcoin

Bitcoin Japan plans a $60 million raise to buy bitcoin

The Block reports the prior December raise did not fund bitcoin purchases, instead supporting stakes tied to SpaceX and Figure AI.

Reported · Written up by our desk · Bitcoin

Bitcoin Japan, which the company says currently holds no bitcoin, has tapped the EVO Fund as part of a planned $60 million fundraise intended to change that, according to The Block.

The outlet says Bitcoin Japan previously completed a December raise, but that money was used differently, including stakes tied to SpaceX and Figure AI rather than buying bitcoin.

Bitcoin Japan said those two investments represent its AI infrastructure positions to date, and the planned new capital is aimed at finally purchasing bitcoin.

Details of the size and timing of the EVO Fund-backed raise were not further specified beyond the planned $60 million figure cited by The Block.

Latest closeBitcoin $64,806.29 ▲1.4%

← Newer storyCanada proposes 3,300-kilometre pipeline to ship oil eastward

More like this

CryptoBitcoin slides toward $63,000 as Coinbase premium stays negative
CryptoFoundry Digital lets mining clients vote on BIP-110 soft fork
CryptoBitcoin ETFs face sharp gains and drawdowns, analyst warns
CryptoBitcoin falls below $62,500 as US-Iran tensions pressure risk assets
CryptoBitcoin slides under $63,000 amid Iran strikes and US China tensions

Sources

The BlockBitcoin Japan, which holds no bitcoin, taps EVO Fund in planned $60 million raise to finally buy some

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.