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Business alliance8105Bitcoin Japan CorporationTrading & Wholesale

(Progress Report on Disclosed Matters) Notice Regarding the Launch of a New Business (AI Infrastructure Investment Business) at a Subsidiary and Investment in a Fund

The Company has decided to commence an AI infrastructure investment business through its subsidiary BTCJPN US LLC and invest US$10,616,054.40 in Viva-SX LLC - Series H, for the purpose of acquiring SpaceX shares. The total funds required for the investment are ¥2,042,193,352.

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Direction
Mixed performance
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Wording
Conditional
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Agreements reached under this partnership

8105Bitcoin Japan Corporation
Alliance partnerViva-SX LLC - Series H
Details of the alliance
  1. 1

    The fund invests for the purpose of acquiring SpaceX shares.

  2. 2

    When SpaceX conducts an IPO, the Layer-1 Fund will be dissolved and make in-kind distributions to its limited partners, including Viva-SX LLC - Series H.

  3. 3

    The Company's subsidiary BTCJPN US LLC will invest in Viva-SX LLC - Series H.

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Numerical targets under the alliance

SpaceX is aiming to list by June 2026. It has announced a concept to launch 1 million orbital data centers using Starship in the future.

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

0.00%Our ownership stake in the partner’s shares
Number of shares acquired20,160 shares of Space Exploration Technologies Corp. (percentage of total shares issued: Not disclosed)
Acquisition priceUS$10,616,054.40 (approximately ¥1.7 billion)
Ownership ratioThe Company's silent partnership investment ratio: 0.00085%
Shareholding PolicyAfter SpaceX shares are listed and the investment in Viva-SX LLC - Series H is converted into SpaceX shares, the Company plans to sell the shares in stages while taking market conditions into consideration.
About the partner
Business DescriptionPE fund
LocationLas Vegas, Nevada, United States
Impact on Business Performance

The impact of this matter on the Company's consolidated results for the fiscal year ending March 2027 is currently under review.

Date of board resolution27 May 2026Contract Date27 May 2026 (26 May 2026, U.S. time)Alliance start date27 May 2026Share Acquisition Date and Payment Date27 May 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerViva-SX LLC - Series H
Alliance partner's business activitiesPE fund
Alliance partner's locationLas Vegas, Nevada, United States
Details of the allianceThe fund invests for the purpose of acquiring SpaceX shares., When SpaceX conducts an IPO, the Layer-1 Fund will be dissolved and make in-kind distributions to its limited partners, including Viva-SX LLC - Series H., The Company's subsidiary BTCJPN US LLC will invest in Viva-SX LLC - Series H.
Number of shares acquired20,160 shares of Space Exploration Technologies Corp. (percentage of total shares issued: Not disclosed)
Acquisition priceUS$10,616,054.40 (approximately ¥1.7 billion)
Shareholding ratioNot disclosed → 0.00085 %
Ownership ratioThe Company's silent partnership investment ratio: 0.00085%
Numerical targets under the allianceSpaceX is aiming to list by June 2026. It has announced a concept to launch 1 million orbital data centers using Starship in the future.
Shareholding PolicyAfter SpaceX shares are listed and the investment in Viva-SX LLC - Series H is converted into SpaceX shares, the Company plans to sell the shares in stages while taking market conditions into consideration.
Date of board resolution27 May 2026
Contract Date27 May 2026 (26 May 2026, U.S. time)
Alliance start date27 May 2026
Share Acquisition Date and Payment Date27 May 2026
Impact on Business PerformanceThe impact of this matter on the Company's consolidated results for the fiscal year ending March 2027 is currently under review.
Items this document does not state (8)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeType of allianceOverview of the joint ventureDispatch of directors and officersContract PeriodChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The Company determined that demand for computing resources and related infrastructure required for AI is expanding globally and that the concept of next-generation data centers using solar energy in outer space has growth potential. The investment is also intended to generate income gains from dividends received from investees, capital gains from the sale of investment shares and other assets, create future business opportunities, and diversify revenue sources.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
(Progress Report on Disclosed Matters) Notice Regarding the Launch of a New Business (AI Infrastructure Investment Business) at a Subsidiary and Investment in a Fund | Bitcoin Japan Corporation (8105) timely disclosure | Komori