Remixpoint Boosts Bitcoin Holdings by 56.87 BTC, Surpasses 1,000 BTC Mark

Japanese tech company Remixpoint has recently bolstered its Bitcoin holdings with a substantial purchase of 56.87 BTC, valued at approximately ¥887 million, or $6 million. This acquisition has pushed Remixpoint’s total Bitcoin reserves past the 1,000 BTC mark, a significant achievement for the company. The purchase was made at an average price of $104,000 per coin, bringing Remixpoint’s total Bitcoin holdings to 1,038.27 BTC. The market value of Remixpoint’s crypto assets now stands at around ¥17.25 billion, or $115 million, with Bitcoin constituting about ¥16.1 billion, or $107 million, of this total. The company, listed on the Tokyo Stock Exchange, currently holds an unrealized profit of ¥2.32 billion from its Bitcoin investments. This move underscores Remixpoint’s confidence in Bitcoin’s long-term growth potential. The funds for this purchase were derived from a stock acquisition rights exercise completed on June 10.

Remixpoint is not alone in its embrace of Bitcoin. Metaplanet, another Tokyo-listed firm, holds 8,888 BTC, valued at over $921 million. To further expand its Bitcoin holdings, Metaplanet plans to issue 555 million shares through special warrants in a capital raise worth about $5.4 billion. In the UK, Smarter Web Company made a significant Bitcoin purchase, acquiring 74.27 BTC at an average price of £80,454, or $109,256 per coin, totaling £5.975 million. This purchase brings Smarter Web’s total holdings to 242.34 BTC, with an average purchase price of £78,793, or $107,002. The acquisition is part of Smarter Web’s “10-Year Plan,” which focuses on building Bitcoin as a long-term reserve.

The trend of companies adding Bitcoin to their balance sheets is not limited to Japan and the UK. Mercurity Fintech, for instance, plans to raise $800 million to grow its Bitcoin treasuries. Strategy, formerly known as MicroStrategy, remains the largest corporate holder of Bitcoin, with holdings amounting to about 3% of the fixed supply. Financial institutions are also increasingly involved in the digital asset space. Russia’s largest bank, Sberbank, recently launched a structured bond linked to Bitcoin, indicating growing acceptance of digital assets in mainstream finance.

By holding over 1,000 BTC, Remixpoint joins a growing list of companies that are using Bitcoin to store value and hedge against financial risks. The interest from businesses and banks in Bitcoin continues to rise, making it an integral part of modern financial strategies. This trend reflects a broader shift in corporate financial planning, where Bitcoin is seen as a reliable store of value and a means to protect against economic uncertainties.