Crypto
Bitcoin Japan aims for SpaceX stake, formalises AI infrastructure investment business
Bitcoin Japan is investing about 2 billion yen in a private fund designed to gain indirect exposure to SpaceX shares through its U.S. unit, BTCJPN US LLC. The company said the move formalises AI infrastructure investment as a new growth strategy. The structure could deliver 20,160 SpaceX shares in kind if SpaceX proceeds with an IPO. Bitcoin Japan also detailed funding sources, currency conversion steps, due diligence and target return assumptions, while noting fees and IPO-related risks.