According to PANews, Japanese publicly traded company Remixpoint has announced a new acquisition of Bitcoin valued at 500 million yen, approximately 3.27 million USD. This purchase increases the company's total investment in cryptocurrency to around 3.5 billion yen, or about 22.92 million USD. Remixpoint aims to complete this acquisition by the end of the year while closely monitoring the market conditions. The company has stated that it will promptly disclose any significant impact this new purchase may have on its consolidated financial performance.
In a previous development reported in September, Remixpoint had acquired approximately 5.27 million USD worth of various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Avalanche (AVAX). This strategic move highlights Remixpoint's ongoing commitment to expanding its presence in the cryptocurrency market, reflecting a growing trend among companies to diversify their investment portfolios with digital assets. The company's proactive approach in managing its cryptocurrency investments underscores its focus on leveraging market opportunities while maintaining transparency with stakeholders.