The post Japanese Firms Remixpoint Joins Bitcoin Treasury With $215M Buy Plan appeared first on Coinpedia Fintech News
Bitcoin is quickly becoming the go-to treasury asset for more companies around the world. Japanese listed company Remixpoint has announced a $215 million investment in Bitcoin. Their goal is to become one of Japan’s largest corporate BTC holders with 3,000 coins.
What’s behind this sudden surge in corporate crypto buying?
Remixpoint Raises $215M, Plans to Buy 3,000 BTC
In its official tweet post, Remixpoint, announcement has raised 31.5 billion yen, which is about $215 million, through financing. Every bit of this capital will go directly into buying Bitcoin, with a near-term goal of holding 3,000 BTC.
Remixpoint said it made this decision after deep internal discussions. While some team members had concerns, the company’s board fully agreed that investing in Bitcoin could boost long-term value and keep the business flexible for future opportunities.
Remixpoint’s decision to use Bitcoin is not just a random move; it shows how more companies in Japan are starting to trust Bitcoin as part of their main business plans.
Remixpoint CEO Chooses Full Bitcoin Salary
On top of that, Takashi Tashiro, the new CEO of Remixpoint, has decided to get his entire salary in Bitcoin. Tashiro wants to prove he’s fully invested in the company’s future, just like its shareholders.
Instead of the usual bank transfer, Remixpoint will first figure out his salary and taxes in Japanese yen. Then, they’ll buy the same amount in Bitcoin and send it straight to a crypto wallet that Tashiro picks himself.
More Firms Turning to Bitcoin
In Sweden, health tech firm H100 Group is following a similar path. The company recently raised 516 million kronor (about $54 million) in two new funding rounds. This brings its total raised capital to 921 million kronor.
H100 already holds 248 BTC and plans to use the new funds to grow its Bitcoin holdings as part of its overall treasury strategy.
Meanwhile, LQWD Technologies from Canada is also boosting its Bitcoin reserves. The company increased its financing round to C$12.3 million (about $9 million). However, currently it owns 181 BTC and says the new funds will help expand its Bitcoin-based operations.