According to PANews, Japanese publicly traded company Remixpoint has expanded its Bitcoin holdings by acquiring an additional 13.24 BTC between December 5 and 6. This purchase, valued at approximately $1.32 million, is part of a broader investment strategy approved on November 28, which involves an additional investment of 1.5 billion yen.
The average purchase price for this acquisition was around 15.1 million yen per Bitcoin, equivalent to about $100,000. With this latest purchase, Remixpoint's total investment in cryptocurrency assets has reached 4 billion yen, or approximately $26.49 million. As of December 8, the company holds a total of 282.87 BTC, with the valuation gains of these holdings estimated at 767 million yen, or about $5.08 million.
