
Remixpoint has raised $215 million (31.5 billion yen) to fund a significant bitcoin acquisition, setting a near-term goal of owning 3,000 BTC. The board cited long-term conviction in bitcoin’s value and corporate growth potential.
Japanese Firm Remixpoint Raises Fresh Capital to Fund Major Bitcoin Acquisition
Japanese energy and tech firm Remixpoint has announced a bold strategic move: the company has raised approximately $215 million (31.5 billion yen) in financing, with the sole intention of acquiring bitcoin. The firm aims to build a 3,000 BTC reserve in the near term, positioning itself among Japan’s most aggressive corporate crypto adopters.
In a statement on its X handle, Remixpoint explained the decision followed extensive internal deliberation with the board of directors reaching a unanimous conclusion that the investment aligns with long-term corporate value creation.
The timing of the initial BTC purchases will be influenced by Remixpoint’s average stock price over 3 consecutive trading days following the financing round. The announcement reflects a broader trend of public companies integrating bitcoin into their treasury strategies, especially in Asia.
Remixpoint now joins a growing list of firms leveraging BTC as a hedge against fiat depreciation and a bet on digital asset adoption.
Source: Bitcoin