Remixpoint Approves $7M Bitcoin Purchase, Boosts Holdings to $84M
- Remixpoint has publicized to invest $7 million to purchase Bitcoin.
- In the recent earnings report for the fiscal year that ended in March 2025, Remixpoint witnessed a net loss of 593 million yen.
A management consulting services company from Japan, Remixpoint, has given the green light to the purchase of an additional 1 billion Japanese yen or $7 million in Bitcoin, raising its total holdings to 12 billion Japanese yen or $84 million.
After a board resolution on May 26, the firm announced that the latest Bitcoin purchase is different from the 4.4 billion yen that Remixpoint plans to invest in crypto, leveraging funds generated through its 24th stock acquisition rights issuance, including an exercise price revision clause.
On May 19, the offering was publicized being a wider fundraising effort of up to 5.6 billion yen. The firm revealed that the timing of the purchase will be decided based on the market conditions.
In the recent earnings report for the fiscal year that ended in March 2025, Remixpoint witnessed a net loss of 593 million yen or $4.1 million. Last year, the company reported net profit in the same period.
The reason behind the loss is primarily attributed to valuation declines in its crypto investment business, which increased in November 2024.
Japan’s Companies Leading in BTC Accumulation
Remixpoint is a Japanese management consulting services company responsible for researching energy management systems, started to invest in crypto in September 2024. In the beginning, it purchased Bitcoin, Solana, and Ethereum and Avalanche.
Currently, the firm also holds XRP, Dogecoin and other virtual assets as part of its “Policy for Crypto Asset Purchase and Risk Management.” The recent purchase was made on May 15 after accumulating 500 million yen worth Bitcoin.
Another firm from Japan, Metaplanet has witnessed its shares soaring 15-fold since it started adopting a Bitcoin treasury strategy. The stock was 101.7% up in only last month. As of this month, the firm holds nearly 7,800 Bitcoins.
The BTC is worth more than $855 million and makes it one of the world’s biggest publicly listed Bitcoin holders.
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Remixpoint Approves $7M Bitcoin Purchase, Boosts Holdings to $84M
- Remixpoint has publicized to invest $7 million to purchase Bitcoin.
- In the recent earnings report for the fiscal year that ended in March 2025, Remixpoint witnessed a net loss of 593 million yen.
A management consulting services company from Japan, Remixpoint, has given the green light to the purchase of an additional 1 billion Japanese yen or $7 million in Bitcoin, raising its total holdings to 12 billion Japanese yen or $84 million.
After a board resolution on May 26, the firm announced that the latest Bitcoin purchase is different from the 4.4 billion yen that Remixpoint plans to invest in crypto, leveraging funds generated through its 24th stock acquisition rights issuance, including an exercise price revision clause.
On May 19, the offering was publicized being a wider fundraising effort of up to 5.6 billion yen. The firm revealed that the timing of the purchase will be decided based on the market conditions.
In the recent earnings report for the fiscal year that ended in March 2025, Remixpoint witnessed a net loss of 593 million yen or $4.1 million. Last year, the company reported net profit in the same period.
The reason behind the loss is primarily attributed to valuation declines in its crypto investment business, which increased in November 2024.
Japan’s Companies Leading in BTC Accumulation
Remixpoint is a Japanese management consulting services company responsible for researching energy management systems, started to invest in crypto in September 2024. In the beginning, it purchased Bitcoin, Solana, and Ethereum and Avalanche.
Currently, the firm also holds XRP, Dogecoin and other virtual assets as part of its “Policy for Crypto Asset Purchase and Risk Management.” The recent purchase was made on May 15 after accumulating 500 million yen worth Bitcoin.
Another firm from Japan, Metaplanet has witnessed its shares soaring 15-fold since it started adopting a Bitcoin treasury strategy. The stock was 101.7% up in only last month. As of this month, the firm holds nearly 7,800 Bitcoins.
The BTC is worth more than $855 million and makes it one of the world’s biggest publicly listed Bitcoin holders.
Highlighted Crypto News Today:
Blockstream CEO Leads $2.2M Round to Back Sweden’s First Bitcoin Firm
Read More