- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Japan’s Remixpoint Buys Another $3.4M Worth of Bitcoin
By: crypto news|2025/05/16 07:45:05
0
Share
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.
You may also like
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply
Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.
Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."
$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.
Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?
Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years
Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.
Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?
Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
App