Remixpoint Expands Crypto Portfolio with $1.38 Million Bitcoin Purchase

Remixpoint Expands Cryptocurrency Holdings to $27.59 Million

Tokyo, Japan - December 7, 2023

Japanese consulting firm Remixpoint has increased its cryptocurrency holdings to $27.59 million with a recent purchase of 13.24 BTC valued at approximately $1.38 million. The acquisition adds to Remixpoint's existing Bitcoin holdings, bringing the total to 282.87 BTC.

The purchase is part of the company's broader digital asset investment strategy, which includes a total of ¥1.5 billion ($10.34 million) allocated for cryptocurrency investments. On November 28, Remixpoint disclosed the acquisition of various cryptocurrencies, including Ethereum, Solana, Avalanche, Dogecoin, and XRP.

Remixpoint's cryptocurrency portfolio now includes:

• Bitcoin: 282.87 BTC
• Ethereum: 227.87 ETH
• Solana: 9,674.37 SOL
• Avalanche: 11,875.99 AVAX
• Dogecoin: 828,500.41 DOGE
• XRP: 295,333.73 XRP

The total acquisition cost of these assets amounts to ¥4 billion ($27.59 million).

The move reflects a growing trend among Japanese investment firms to diversify into cryptocurrency as a strategy to address the country's economic challenges. Notable examples include Metaplanet, which implemented a Bitcoin-only Treasury strategy in 2024 and has since acquired over 1,000 BTC.

About Remixpoint

Remixpoint is a consulting firm specializing in energy and automotive sectors. The company is headquartered in Tokyo, Japan.

About Metaplanet

Metaplanet is an investment firm based in Tokyo, Japan. The company has adopted a Bitcoin-only Treasury strategy and has emerged as one of the largest corporate holders of Bitcoin globally.

Disclaimer

This article is for informational purposes only and should not be construed as financial advice. Always do your own research before making any investment decisions.