Tokyo-based energy and automotive consultancy firm Remixpoint has expanded its cryptocurrency portfolio by acquiring additional Bitcoin worth approximately $1.38 million. The recent purchase—consisting of 13.24 BTC acquired on December 5 and December 6—follows the company’s previously stated goal of investing up to ¥1.5 billion ($10.34 million) in digital assets.
This move brings Remixpoint’s total Bitcoin holdings to 282.87 BTC, while its broader crypto collection also includes Ethereum, Solana, Avalanche, Dogecoin, and XRP. In total, the company’s crypto reserves now have a market value of $34.3 million, reflecting a profit of nearly $6.72 million based on the current valuations.
Remixpoint, which debuted in 2004 and was listed on the Tokyo Stock Exchange in 2006, originally focused on the software sector before branching out into electricity and automobile trading. This strategic pivot into cryptocurrency investments aligns with a growing trend among Japanese firms. Notably, Metaplanet, another Japanese investment firm, has also significantly increased its Bitcoin holdings, currently valued at over $106 million.
As Japan navigates its economic challenges, more companies are considering Bitcoin and other digital assets as long-term investments, signaling a shift in the country’s financial landscape.