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Japan’s Remixpoint acquires $3.2m in bitcoin to hedge yen

Tokyo-listed energy consulting firm Remixpoint has acquired 33.34 bitcoins for approximately US$3.2 million.

This purchase raising the company’s total bitcoin holdings to 333.19 BTC, valued at about U$31.7 million.

The company also holds 1,391.3 ETH (US$4.4 million), 6,724.5 SOL (US$1.2 million), 513,060 XRP (US$1.3 million), 19,468.9 AVAX (US$694,650), and 1.15 million DOGE (US$402,500).

Remixpoint started purchasing cryptocurrency in September, aiming to hedge against the depreciation of the Japanese yen and diversify currency risk.

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