Remixpoint, an energy software company listed in Japan, has finalized a decision to acquire an additional ¥1 billion (approximately $7 million) in Bitcoin. This move increases the company’s total cryptocurrency holdings to around ¥12 billion ($84 million), as revealed in a board announcement dated May 26.
The latest purchase of Bitcoin is distinct from the ¥4.4 billion allocation that Remixpoint plans to commit to crypto investments through funds garnered from its 24th stock acquisition rights issuance, which includes provisions for revising the exercise price. This fundraising initiative, disclosed on May 19, aims to raise up to ¥5.6 billion.
Remixpoint stated that the timing for the new Bitcoin buy will be guided by prevailing market conditions.
Remixpoint Reports Significant Net Loss
In its recent fiscal report for the year ending March 2025, Remixpoint disclosed a net loss of 593 million yen ($4.1 million), marking a reversal from profits reported in the previous year. The downturn is attributed primarily to valuation declines in its crypto investment sector, which escalated following a strategy shift in November 2024.
In related developments, another Japanese company, Metaplanet, has experienced a dramatic increase in its stock value, surging more than 15 times since implementing a Bitcoin treasury strategy. Over the past month alone, Metaplanet’s shares have risen by 101.7%. As of May 2025, the company possesses 7,800 BTC, valued at over $855 million, positioning it among the largest publicly traded Bitcoin holders worldwide. The post Japan’s Remixpoint Announces $7M Bitcoin Purchase, Raising Total Holdings to $84M appeared first on Finance Newso.Market Trends: Institutional Bitcoin Accumulation
