Tokyo-based vitality firm Remixpoint raised 31.5 billion yen (round $215 million) to broaden its Bitcoin treasury, in line with a Wednesday announcement.
Remixpoint will allocate the newly raised funds completely to Bitcoin (BTC) acquisition, the corporate mentioned in an X publish. The funds have been raised by way of Remixpoint’s twenty fifth sequence of inventory acquisition rights and fourth sequence of unsecured bonds, in accordance to native media outlet CoinPost.
This sequence of inventory acquisition rights will create 55 million new shares, representing a 39.9% dilution. The issuance is made with none low cost and is performed at market value.
The publish additionally states that the agency goals for its reserve to succeed in 3,000 BTC within the close to time period. Remixpoint is presently the thirtieth largest company Bitcoin treasury with a stability of 1,051 BTC, price greater than $113.8 million, in accordance to BitcoinTreasuries.NET knowledge.
The information follows a Tuesday announcement that Remixpoint CEO Takashi Tashiro might be paid in Bitcoin as a part of acknowledged efforts to be “in the identical boat” as shareholders. The corporate is a Tokyo-listed vitality and fintech agency that pivoted to accumulating Bitcoin.
“We’ve grow to be much more satisfied of Bitcoin’s future, and this choice is the results of in depth discussions,” the corporate mentioned on Tuesday.
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The corporate’s board unanimously accredited the funding technique, citing the potential to boost company worth from a risk-return perspective whereas preserving future flexibility:
“We perceive the distinction between seizing alternatives and enjoying it protected, in addition to the excellence between a problem and recklessness.“
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The Bitcoin treasury area is getting crowded
The variety of company Bitcoin treasuries continues to develop, seemingly pushed by the success of early adopters and market dynamics. The world’s first Bitcoin treasury firm, Technique, was anticipated to report greater than $13 billion in unrealized positive factors on its Bitcoin holdings for the second quarter of 2025, however reported $14 billion in unrealized positive factors on Monday.
Metaplanet, Japan’s high company Bitcoin treasury firm, acquired one other 2,204 Bitcoin for $237 million on Monday. On Tuesday, the agency’s CEO additionally acknowledged that the corporate is exploring the acquisition of a digital financial institution to broaden its operations additional.
Additionally on Tuesday, two European corporations — France’s The Blockchain Group and the UK’s Smarter Internet Firm — expanded their Bitcoin holdings by 116 BTC and 226.42 BTC, respectively. Regardless of the flurry of exercise, not everyone seems to be satisfied that this can be a profitable wager.
Glassnode lead analyst James Examine advised final week that the Bitcoin treasury technique could not have the longevity many count on. In accordance with him, the straightforward upside could already be behind new corporations coming into the area and highlighted decrease investor curiosity. “No person needs the fiftieth Treasury firm,” he mentioned.
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