2M
...
Japanese energy and automotive firm Remixpoint announced it has purchased ¥500 million ($3.2 million) worth of Bitcoin, increasing its holdings to 250.13 BTC, valued at ¥3.67 billion ($24.16 million). The firm cited Bitcoin’s recent surge to an all-time high of $99,645 on November 22 and Donald Trump’s re-election as key motivators behind the move. Remixpoint began diversifying into cryptocurrencies in September 2024 to counter the yen’s devaluation, amassing a multi-crypto portfolio worth over ¥3.8 billion ($25 million).
Apart from Bitcoin, Remixpoint’s portfolio includes Solana (9,674 SOL), Ethereum (227 ETH), and smaller investments in Avalanche (AVAX), Dogecoin (DOGE), and Ripple (XRP). The firm reported ¥810 million ($5.3 million) in unrealized gains from its crypto investments. As Japan’s crypto adoption accelerates, Remixpoint joins companies like Metaplanet in leveraging digital assets to hedge against economic challenges. Established in 2004, Remixpoint continues to innovate beyond its roots in software, energy, and automotive trading.