Tokyo's Remixpoint Goes All-In on Bitcoin: Aims for 3,000 BTC Milestone

Ambitious Expansion with $215 Million Boost

Hold onto your hats, crypto fans! Tokyo-based Remixpoint is not messing around with its Bitcoin strategy. They're gunning to beef up their reserve to the thousands, and they mean business.

Just announced on July 9, Remixpoint locked in a whopping 31.5 billion yen—that's about $215 million, folks—from their latest round of financing. And guess what? Every single yen is going straight into buying more Bitcoin (BTC). They're on a roll since kicking off their accumulation spree back in 2024, and they're not slowing down!

Chasing the 3,000 BTC Dream

Their short-term goal? To stack up a cool 3,000 BTC. But here's the kicker: the exact number of coins they'll snag depends on Bitcoin's wild market swings and how Remixpoint's stock is performing. They'll be calculating purchase prices based on the average share value over three consecutive trading days right after the transaction. It's like a high-stakes game of chess!

Remixpoint spilled the beans that this bold move came after some intense internal debates. The leadership team was split, but in the end, they all rallied behind the idea that going big on BTC is the way to catapult the company into its next growth phase. It's all or nothing!

Following in Metaplanet's Footsteps

This move echoes the vibe of Metaplanet, that Japanese hotel manager turned Bitcoin treasury giant that's been turning heads with its own BTC strategy. They were the first public company in Japan to go all-in on Bitcoin as a core treasury asset, and they've been on a relentless accumulation tear since 2024.

Right now, Metaplanet's BTC stash is sitting pretty at 15,555 BTC, making them one of the top five corporate holders worldwide. That's some serious firepower!

Remixpoint's Boldest Move Yet

But Remixpoint isn't just trying to keep up—they're taking it to the next level. They just dropped the bombshell that they're paying their CEO's salary entirely in Bitcoin, making them the first company in the region to go full crypto on executive compensation. Talk about putting your money where your mouth is!

As of now, Remixpoint is holding around 1,051.56 BTC, part of a hefty $116 million portfolio that also includes Ethereum (ETH), XRP (XRP), and Solana (SOL). This is just the beginning, folks. Keep your eyes peeled—Remixpoint is on a mission, and they're not stopping until they hit that 3,000 BTC mark!