• bitcoinBitcoin$91,344.91-2.14%
  • ethereumEthereum$3,134.21-2.03%
  • rippleXRP$2.06-4.83%
  • binancecoinBNB$893.04-1.92%
  • solanaSolana$137.10-4.58%

Japan’s Remixpoint Buys $7M in Bitcoin, Holdings Reach $84M

Japan’s Remixpoint Buys $7M in Bitcoin, Holdings Reach $84M

Japan’s Remixpoint has purchased $7 million in Bitcoin, boosting its total crypto holdings to $84 million amid growing institutional interest.

Following a board resolution, Remixpoint, a Japanese-listed energy software company, stated on May 26 that it had authorized the purchase of a further ¥1 billion ($7 million) in Bitcoin, increasing its total cryptocurrency holdings to over ¥12 billion ($84 million).

The release states that the 4.4 billion yen that Remixpoint plans to invest in cryptocurrency with money acquired through its 24th stock acquisition rights sale, which has an exercise price revision clause, is distinct from the new Bitcoin purchase. Remixpoint announced on May 19 that this sale is part of a larger fundraising campaign, with the potential to raise 5.6 billion yen.

The corporation states that the timing of the transaction will depend on market conditions.

Japan’s Remixpoint Buys $7M in Bitcoin, Holdings Reach $84M - Protechbro: Top Stories on Bitcoin, Ethereum, Web3, & Blockchain

Remixpoint disclosed a loss of 593 million yen due to cryptocurrency valuation.

The Japanese corporation reported a net loss of 593 million yen ($4.1M) in its most recent earnings report for the fiscal year that ended in March 2025, reversing the profit from the year before. Valuation declines in its cryptocurrency investing business, which accelerated in November 2024, were the primary cause of the loss.

In September 2024, the Japanese software development firm Remixpoint, which studies energy management systems, started making cryptocurrency investments. At first, it purchased Avalanche, Ethereum, Solana, and Bitcoin. By its “Policy for Crypto Asset Purchase and Risk Management,” the company also owns XRP, Dogecoin, and other digital assets. On May 15, the business acquired 500 million yen ($3.5M) worth of Bitcoin as its final acquisition.

Organizations Hurry to Amass Bitcoin

Since implementing a Bitcoin treasury strategy, Metaplanet, another company listed in Japan, has seen a more than 15-fold increase in its share price. In just the last month, the stock has increased by 101.7%. With 7,800 BTC valued at approximately $855 million as of May 2025, the company is one of the largest publicly traded Bitcoin holders globally.

Previous Article

Strategy Acquires 4,020 Bitcoin As Price Tops $110K

Next Article

Pakistan Names Special Assistant To PM On Blockchain