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Remixpoint Invests ¥887 Million More Into Bitcoin
- Remixpoint Inc. has invested ¥887.3 million in Bitcoin, acquiring 55.68 BTC at an average price of ¥15.94 million per coin.
- Following this purchase, Remixpoint now holds a total of 981.39 BTC, with a market value of approximately ¥15.63 billion, reflecting an unrealized gain of ¥2.32 billion.
- The funds for this investment came from the exercise of stock acquisition rights on June 10.
- Remixpoint Inc., a Japanese company, has shifted its focus towards digital assets and views Bitcoin as both a store of value and a hedge against the weakening yen.
- The move by Remixpoint highlights a trend in Japan's corporate space towards Bitcoin adoption.
- Metaplanet, a hotel and hospitality company, has significantly increased its Bitcoin acquisition strategy with the '555 Million Plan' aiming to acquire 210,000 BTC by the end of 2027.
- Metaplanet had already secured 8,888 BTC as of June 2 under this plan, showing substantial progress towards its target.
- To fund its Bitcoin acquisition efforts, Metaplanet launched Japan's first moving strike warrant structure, raising approximately ¥770.9 billion.
- Metaplanet's strategic moves and Bitcoin accumulation strategy have positioned it as a key player in Japan's corporate Bitcoin space.
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