🚀 Japanese energy and tech firm Remixpoint has raised approximately $215 million (31.5 billion yen) to acquire bitcoin, aiming to build a reserve of 3,000 BTC. This move positions Remixpoint as one of Japan's most aggressive corporate crypto adopters.
🗣 In a statement on its X handle, Remixpoint emphasized that the decision was made after extensive internal discussions. The board of directors reached a unanimous conclusion that this investment aligns with long-term corporate value creation.
➡️ The timing of the initial BTC purchases will depend on Remixpoint’s average stock price over three consecutive trading days following the financing round. This announcement reflects a broader trend of public companies, especially in Asia, integrating bitcoin into their treasury strategies.
📈 By leveraging BTC as a hedge against fiat depreciation and betting on digital asset adoption, Remixpoint joins a growing list of firms making significant moves in the cryptocurrency space.