🇯🇵 Remixpoint invests another $3.2 million in #bitcoin

The Japanese energy company Remixpoint has purchased an additional 33.34 BTC for 500 million yen (about $3.2 million), increasing its total cryptocurrency assets to over $22.9 million.

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📌 What is known?

This investment is part of the company's strategy to hedge against the risks associated with the depreciation of the yen, which has lost more than 7% of its value against the US dollar since September 2024.

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📊 Current prices

Bitcoin ($BTC ): $103,478

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💭 Opinion of Mr.Belferman:

“When Japanese energy companies start buying Bitcoin to protect against currency depreciation, I wonder: perhaps it's time for me to reconsider my investment strategy?”