Remixpoint Boosts Bitcoin Holdings, Ranks 41st Globally
Japanese public company Remixpoint has bolstered its Bitcoin holdings, ranking 41st among the world's largest Bitcoin holders. The company, initially focused on automotive and energy solutions, has evolved to embrace blockchain and crypto, viewing Bitcoin as a long-term inflation hedge.
Remixpoint's foray into Bitcoin began in September 2024, driven by a strategy to diversify its treasury and mitigate the risks of Japanese yen depreciation. The company's latest purchase, 18.54 BTC, was acquired at an average price of ¥17.8 million, totaling approximately $330,000. This move increases Remixpoint's total Bitcoin holdings to 1,368.8 BTC, currently valued at around $169.7 million.
Since April, Remixpoint's Bitcoin acquisition has surpassed ¥20.6 billion JPY, demonstrating a calculated approach to building its digital asset portfolio. The company aims to strengthen its financial resilience and position itself as a pioneer among Japanese public companies in the digital assets sphere by continuing to increase its Bitcoin holdings. Remixpoint plans to integrate Bitcoin practically into its corporate operations, using it in share acquisition rights.
Remixpoint's commitment to Bitcoin, as a value refuge and long-term inflation hedge, is evident in its consistent acquisition strategy. By ranking 41st among the world's largest Bitcoin holders, the company signals its intent to navigate the digital assets sphere with financial and operational flexibility.