Japan’s Remixpoint Buys Another $3.4M Worth of Bitcoin

By: crypto news|2025/05/16 07:45:05
0
Share
copy
The Tokyo Exchange-listed Japanese firm Remixpoint has used its balance sheet to buy another $3.4 million worth of Bitcoin (BTC).The crypto-keen auto and electricity trading company is the former owner of the crypto exchange BITPoint, which it sold to the securities giant SBI in 2023.Per a Remixpoint investor relations document posted to its website on May 14 and a report from Japan’s CoinPost, the firm spent 500 million yen on Bitcoin on May 13, paying about 15.23 million yen (104,506) per BTC.In total, the firm bought BTC 32.83, bringing the sum of its Bitcoin holdings to BTC 648.82.Remixpoint: Bitcoin Buying ContinuesRemixpoint’s BTC portfolio’s book value on May 14 was approximately 8.19 billion yen (56.2 million), with the holdings’ market valuation approximately 9.91 billion yen ($68 million). Tokyo-listed investment firm @Metaplanet_JP has expanded its Bitcoin treasury, acquiring an additional 1,241 BTC for 18.4 billion yen.#Metaplanet #Bitcoinhttps://t.co/2HBMW7ah2E— Cryptonews.com (@cryptonews) May 12, 2025The firm has also held on to its seizable Ethereum (ETH) and altcoin portfolio, the release continued.Last year, the company announced it had bought Solana (SOL), Dogecoin (DOGE), XRP, and Avalanche (AVAX) coins.It is unclear if the firm has since sold its AVAX holdings, as it made no mention of the coins in its latest crypto holdings breakdown.Per the statement, Remixpoint holds:ETH 901.45SOL 13,920XRP 1.19 millionDOGE 2.8 millionThe total value of its crypto holdings, calculated on May 13, was over 11.1 billion yen ($76 million).Remixpoint (TYO: 3825) share prices on the Tokyo Exchange over the past month. (Source: Google Finance/Morningstar)Company Remains Crypto-keenDespite the BITPoint sale, Remixpoint has continued to pursue crypto-related business avenues. The firm began its crypto-buying strategy in 2024.And earlier this month, Remixpoint announced plans to launch crypto staking and validator business operations via a partnership with Omakase.The latter is a validator with a record of operating nodes on at least 20 blockchain protocols.The deal will see Omakase provide Remixpoint with technical support as the firm builds its own validation business arm.Omakase will also provide operational monitoring and risk management services.Japanese firms show no sign of slowing their Bitcoin-buying fervor. The famously Bitcoin-keen Metaplanet boosted the size of its own BTC holdings this month.And TYO-listed gaming firms like Enish and Gumi have also launched ambitious BTC-buying strategies in recent weeks.The post Japan’s Remixpoint Buys Another $3.4M Worth of Bitcoin appeared first on Cryptonews.

-- Price

--

You may also like

A company that was on the verge of bankruptcy has just surpassed Bitcoin in market value

In this wave of AI, capital is clearly more inclined to pay a premium for segments that have real orders, visible supply bottlenecks, and quantifiable profits, which also puts the Crypto AI narrative under more direct scrutiny regarding the certainty of value realization.

B.AI partners with MiniMax to launch a limited-time free experience of M3, enabling zero-threshold implementation of Agentic productivity through full-stack infrastructure

B.AI and MiniMax launch a limited-time free offer for M3, allowing access to top-tier large model core computing power with no threshold.

The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain

Intel CEO Pat Gelsinger's latest discussion: The AI computing power battle has gone beyond the single-point competition of GPUs; the ultimate trump card is to comprehensively restructure the semiconductor supply chain and solve the systemic bottlenecks in advanced manufacturing.

WEEX Live mode: Monitor 20 trading pairs at once and trade like a pro

WEEX Live mode: Multi-screen desktop layout for 20 pairs, TradingView charts, one-click layout, and smart guides. Trade like a pro now.

Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week

Overview of Important Market Events on June 21

Kalshi's biggest competitor is not Polymarket

The competitive logic of the prediction market has changed.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com