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Japanese-listed company Convano Inc acquires UAE Phoenix Group, becoming the 59th largest bitcoin finance company

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2025-09-06 21:21:54
Japanese-listed company Convano Inc (6574.T) has acquired UAE-listed Phoenix Group, becoming the 59th largest bitcoin finance company.
Previously, Phoenix Group announced the establishment of a Bitcoin and Solana treasury worth more than $150 million. It currently holds 514 Bitcoin and more than 630,000 Solana as part of its long-term reserves.
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