Bit One Group Co., Ltd. (TSE:2338) announced a private placement of unsecured convertible bonds fro gross proceeds of ¥800,000,000 on September 17, 2019. The transaction included participation from First Link Business Limited for ¥200,000,000 and individual investor Liu Yang for ¥600,00,000. The company expects to close the transaction on October 3, 2019. The company also issued stock acquisition rights in the transaction.