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Japanese listed company Remixpoint has purchased approximately $5.27 million in crypto assets, including 64.4 BTC

2024-09-29 01:35
Odaily News Remixpoint, a Japanese listed company, recently announced in a statement the number of crypto assets (virtual currencies) it purchased and their amounts: a total of 750 million yen (about 5.27 million US dollars) was spent to purchase 64.4 BTC (600 million yen), 130.1 ETH (50 million yen): 2,260.5 SOL (50 million yen) and 12,269.9 AVAX (50 million yen). The purchase is part of the company's announcement on the 26th that it would "purchase a total of 1.5 billion yen in virtual currencies." At the board meeting on the same day, Remixpoint decided to purchase virtual currencies as part of its cash management strategy. On the other hand, considering the possibility of further depreciation of the yen, the company will invest and hold part of its surplus funds in virtual currencies, thereby diversifying the risk of fluctuations in the value of the currencies held and controlling exposure to the yen. (Coinpost)