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Japanese Remixpoint Invests $59 Million in Cryptocurrencies

Japanese Remixpoint Invests $59 Million in Cryptocurrencies

HappyCoinNewsHappyCoinNews2025/02/16 14:44
By:HappyCoinNews

Japanese energy company Remixpoint has invested a total of $59 million in cryptocurrency, adding in February XRP и Dogecoin .

According to Remixpoint's report, the company currently holds Bitcoin by almost $48,6 million, эфириум — by $3,94 million, Solana — by $2,63 million, XRP by $2,63 million and Dogecoin — by $1,31 million.

The total value of all assets is about 9 billion yen ($59 million), which is slightly short of the company's investment target of 10 billion yen. However, it is a 13% increase compared to the assets Remixpoint held almost a year ago. As of March 000, the company's crypto assets were valued at 2024 million yen (approximately $68).

Initially, in March 2024, Remixpoint acquired several digital assets, including Solana , Bitcoin , Ethereum and Avalanche to hedge against yen devaluation and diversify its assets. In October 2024, the company increased its Bitcoin holdings to 125 BTC.

The company continued to increase its holdings in November and December, increasing them to 299 BTC by the end of the year. By early February 2025, the total value of bitcoins reached 5,6 billion yen ($38 million). This means that the firm's BTC assets have grown by 8000% in nine months.

EN @happycoinnews
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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