Remixpoint, a publicly listed company in Japan, has continued to boost its investment in Bitcoin. The most it recently announced that acquire BTC worth 1 billion yen, which is nearly equal to $7 million.
As per the available information, it 1st began to buy Bitcoin just before the last quarter of 2024, and on September 27, the total Bitcoin held by Remixpoint was 64.40 BTC.
In October 2024 the total Bitcoin balance of Remixpoint was 125 BTC and by the end of the year total holdings had reached 299 BTC.
It is worth noting that Remixpoint’s 1st purchase in 2025 occurred on January 14 when it used 500 million yen to buy 33.34 BTC, followed by a purchase of 31.06 BTC on January 28.
And after two days it once again bought 30.8835 BTC, and in February it bought Bitcoins for the three time, on February 03, February 27 and February 28.
When writing, the total Bitcoin holdings of Remixpoint were 648.82 BTC, and its stock prices saw a surge of 5.26% in the past 24 hours.
Remixpoint stock price analysis
Remixpoint stock TYO:3825 is currently exchanging hands at 580 JPY, which is up by 31.25% in the weekly time frame and has grown more than 66% in the past 30 days.
The market capitalization of Remixpoint is 72.71B JPY and average volume of 4.38 million and in the past 24 hours the stock traded highest at 630 JPY and lowest traded at 590 JPY.
According to TradingView the total revenue of Remixpoint in 2024 was 21.31 billion and the net income was -593 million JPY, and net margin was -2.81%.
And in 2023 the revenue of Remixpoint was 20.49 billion JPY with a net income of 1.07 billion JPY and the net margin was 5.22%.
Japanese companies continued to praise Bitcoin by investing millions
Over the years, Japan-based companies have continued to embrace crypto and especially Bitcoin; companies like Metaplanet and Nexon reportedly hold BTC worth millions of dollars.
As of writing total Bitcoin holding of Metaplanet was 7,800 BTC the company aims to acquire a total 10k Bitcoin by the end of the 2025.
Corporate adoption may also be aided by regulatory improvements being considered by Japan’s Financial Services Agency, which might include tax breaks and the licensing of Bitcoin ETFs by 2026.
However, the market is changing quickly, and not all businesses are specifically mentioned for making significant Bitcoin investments.
With a 1.05% intraday spike, Bitcoin is now trading at $109,678, and its market valuation has surpassed $1.15 trillion, growing by around 10% over the last 30 days.
