[Japanese Public Company Convano Inc Acquires UAE Phoenix Group, Becomes the 59th Largest Bitcoin Financial Firm] According to Golden Finance, Japanese public company Convano Inc (6574.T) has acquired UAE-listed company Phoenix Group, becoming the 59th largest Bitcoin financial firm. Previously, Phoenix Group announced the establishment of a Bitcoin and Solana treasury worth over $150 million. It currently holds 514 Bitcoins and over 630,000 Solana as part of its long-term reserves.