Isabella García
Remixpoint, a Tokyo-listed energy consulting company, has expanded its cryptocurrency investments by acquiring an additional 33.34 BTC for approximately 500 million yen ($3.2 million), according to a statement released Friday. This purchase brings the company’s total Bitcoin holdings to 333.19 BTC, valued at nearly $31.7 million.
Beyond Bitcoin, Remixpoint holds a broad range of digital assets, including:
- 1,391.3 ETH valued at $4.4 million
- 6,724.5 SOL worth $1.2 million
- 513,060 XRP estimated at $1.3 million
- 19,468.9 AVAX valued at $694,650
- 1.15 million DOGE worth approximately $402,500
In September, Remixpoint announced its strategic decision to incorporate cryptocurrencies into its cash management practices. The company aims to mitigate risks associated with fluctuations in the value of the Japanese yen by diversifying its asset base.
“Our strategy seeks to reduce exposure to yen volatility and manage currency risks effectively,” the firm stated.
Industry Comparisons with MicroStrategy and Metaplanet
Remixpoint’s approach aligns with similar strategies adopted by other firms globally:
- MicroStrategy, the largest corporate holder of Bitcoin, recently acquired an additional 2,530 BTC worth $243 million, boosting its total holdings to 450,000 BTC.
- Metaplanet, a Japanese investment company, revealed its ambition to reach 10,000 BTC in holdings this year. Following a recent purchase of 619.7 BTC, Metaplanet currently holds 1,761.98 BTC.
Specializing in energy management systems and energy-saving consulting, Remixpoint has seen its stock rise by 3.7% during Tuesday’s afternoon session and gain 12.7% since the start of the year, according to Yahoo Finance.
