More and more Japanese companies are adding Bitcoin to their balance. After Metaplanet, energy company Remixpoint now also comes with a striking investment. The company wants its BTC reserve triple and makes Bitcoin even a form of salary.
Remixpoint is aiming for 3,000 BTC
The Japanese Remixpoint has raised $ 215 million through a financing round. The proceeds are used to solidly expand the number of bitcoin on the company balance. Remixpoint currently has 1,051 BTC, but the goal is to grow to the 3,000 BTC in the near future.
In addition to BTC, the company also owns Altcoins such as Ethereum (ETH), Solana (SOL), XRP and even Dogecoin (Doge). The value of their 900 ETH and 14,000 Sol is currently estimated at more than 4.5 million dollars. Nevertheless, Bitcoin remains by far the largest position.
Remixpoint is originally active in the energy sector, but has been running its own crypto fair through a subsidiary since 2016. The step to large-scale crypto investments is therefore not falling from the sky.
CEO receives salary in Bitcoin
It is striking that the company goes one step further: from now on the full management will receive its salary in BTC. According to Remixpoint, this ensures that the interests of the management are more in line with those of shareholders. “We are even more convinced of the future of Bitcoin,” said the company on X.
Metaplanet remains Japanese leader
Nevertheless, Metaplanet remains the absolute Bitcoin king of Japan. That company now has more than 15,500 BTC and uses its coins as collateral for the acquisition of a digital bank. CEO Simon Gerovich sees BTC as a strategic instrument: “We use it just like government bonds, to buy real companies.”
With these developments, Japan is increasingly positioning itself as a country where Corporates Bitcoin not only use as a savings agent, but also as a financial leverage instrument.
Source: https://newsbit.nl/japans-energiebedrijf-remixpoint-koopt-voor-honderden-miljoenen-aan-bitcoin/
