Japanese firm Remixpoint commits more capital to Bitcoin amid climb to $110k ATH

Source Cryptopolitan

Remixpoint, an energy consulting firm in Japan, has approved 1 billion Yen ($7 million) to purchase more Bitcoins. The Japanese firm disclosed this in its latest regulatory filing.

According to the filing, Remixpoint has committed 12 billion yen, approximately $84 million, to crypto purchases since it decided to add crypto assets to its treasury. So far, the company has spent 10.5 billion Yen on acquiring cryptocurrencies.

While it has now allocated more funds for Bitcoin, the announcement did not specify when Remixpoint will acquire the additional BTC, only noting that it would consider market conditions.

It said:

“The additional purchase of crypto assets this time will be Bitcoin, and the total purchase amount is expected to be 1 billion yen. The timing of the purchase will be determined based on market conditions.”

Given that  BTC is currently in the middle of a price rebound that has seen it gain 2% in the last 24 hours and rise to $109,000, the firm would likely plan for when there is a cooldown and drop in price so as not to buy at the top.

Following the announcement, the firm’s shares on the Tokyo Stock Exchange increased by more than 5%, signaling the market’s positive reception to the development.

Remixpoint made its last Bitcoin acquisition on May 15, when it spent 500 million Yen, around $3.5 million, to purchase 32.83 BTC at an average price of over $104,000.

Remixpoint doubles down on crypto efforts

Meanwhile, Remixpoint announced that this additional purchase of Bitcoin is based on its board of directors’ resolution. Thus, it is separate from the 4.42 billion yen it plans to invest in Bitcoin from the proceeds of its 24th stock acquisition rights issuance.

This clarification concerns the May 19 notice, where the firm stated its plan to raise 5.5 billion Yen by selling 125,000 units of its stock. While it allocated most of the proceeds to Bitcoin purchases, the rest was meant for Web3-related investments between August 2025 and April 2026.

The firm’s clarification shows how it plans to increase its Bitcoin purchase this year using funds from multiple sources. Remixpoint started investing in BTC in September 2024 as part of its cash-management strategy.

Unlike other companies, Remixpoint’s acquisition strategy is not limited to BTC, with the company also investing in Ethereum, Solana, XRP, Dogecoin, and other crypto. Following its last Bitcoin purchase, the firm now holds 648.82 Bitcoin and other digital assets

Interestingly, the company, which has been around since 2004 and currently focuses on the energy and automotive industry, is looking to dive further into the crypto industry. It recently announced that it would launch a crypto staking and validator business in partnership with Omakase.

Under the deal,  Omakase will provide technical support, operational monitoring, and risk management services. Remixpoint has experience with the crypto business, given that it owned the crypto exchange BITPoint before selling it to securities firm SBI in 2023.

While it remains bullish on crypto, the volatility of the assets has also affected it. The company reported a net loss of 593 million Yen ($4.1 million) for its last fiscal year ending March 2025. It noted that the decline in the valuation of crypto assets within the first quarter of 2025 contributed to this loss.

More Japanese companies embrace Bitcoin

Meanwhile, Remixpoint is part of a small group of Japanese firms that are acquiring Bitcoin. Since Metaplanet adopted the strategy earlier last year, other companies listed on the  Tokyo Stock Exchange listed companies have also done the same.

Companies such as logistics firm Value Creation and gaming firms Enish, Gumi, and NEXON have also added Bitcoin to their balance sheet. Metaplanet remains the biggest with over 5,555 BTC and is focused on reaching 10,000 BTC by the end of this year.

Nevertheless, the moves in Japan are not happening in isolation and highlight a broader and global trend for corporate institutions. Since Strategy (formerly MicroStrategy) pioneered the idea, several other companies have been replicating it, leading to over 90 companies with corporate Bitcoin treasuries.

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Disclaimer: For information purposes only. Past performance is not indicative of future results.
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