This latest purchase comes under the company’s strategic crypto exposure plan to hedge against the depreciation of the Japanese yen.
As the broader cryptocurrency market faces downtrends, several corporations are leveraging the dip to strengthen their Bitcoin reserves. On Friday, January 10, Japanese energy consulting firm Remixpoint revealed the purchase of an additional 33.34 BTC BTC $105 164 24h volatility: 0.7% Market cap: $2.09 T Vol. 24h: $15.58 B , valued at $3.2 million. This shopping brought the firm’s total Bitcoin holdings to 333.19 BTC, valued at $31.7 million.
This acquisition comes at a time when Bitcoin is facing a downturn after achieving an all-time high of $108,268 on December 17. Following a sharp decline below $90,000 on January 13, Bitcoin has shown signs of recovery today. At the time of writing, the largest cryptocurrency is trading at $94,881, up 1.2% in the past 24 hours.
In addition to Bitcoin, Remixpoint disclosed diversified crypto holdings amid the speculations of a massive altcoin rally in 2025. Its portfolio includes 1,391.3 Ether ETH $2 528 24h volatility: 1.1% Market cap: $305.26 B Vol. 24h: $12.19 B , worth $4.4 million, 6,724.5 Solana SOL $151.7 24h volatility: 6.4% Market cap: $80.10 B Vol. 24h: $3.54 B , worth $1.2 million, 513,060 XRP XRP $2.16 24h volatility: 2.1% Market cap: $127.15 B Vol. 24h: $1.20 B , worth $1.3 million, 19,468.9 Avalanche AVAX $19.01 24h volatility: 1.0% Market cap: $8.03 B Vol. 24h: $192.01 M , worth $694,650, and 1.15 million Dogecoin DOGE $0.17 24h volatility: 1.4% Market cap: $25.94 B Vol. 24h: $681.20 M , worth $402,500.
The latest purchase comes under the company’s strategic crypto exposure plan to hedge against the depreciation of the Japanese yen. By holding digital assets, Remixpoint aims to mitigate risks associated with currency value fluctuations and strengthen its financial resilience.
Notably, Remixpoint is not the only Japanese company that has decided to build a Bitcoin reserve amid adverse financial conditions. Another Tokyo-listed company, Metaplanet, has also emerged as a major Bitcoin investor. Since beginning its Bitcoin acquisitions in April last year, Metaplanet has amassed 1,762 BTC, valued at around $165 million. CEO Simon Gerovich recently outlined plans to expand holdings to 10,000 BTC by the end of 2025. The firm’s Bitcoin-focused strategy has driven a staggering 2,200% increase in its stock value since Q2 2024.
Major Purchases amid Market Downturn
As Bitcoin trades 12% below its peak, major corporations are rushing to grab the cryptocurrency at a discounted price. Between January 6 and January 12, MicroStrategy, the world’s largest corporate Bitcoin holder, acquired 2,530 BTC for $243 million. This purchase increased its total holdings to 450,000 BTC.
Similarly, US-based health technology firm Semler Scientific also purchased 237 BTC for $23.3 million during a three-week period ending January 10, 2025. The company’s total holdings now stand at 2,321 BTC, acquired at an average price of $82,687 per Bitcoin. CEO Eric Semler has been vocal about Bitcoin’s growing importance in corporate balance sheets, stating in December:
“In the near future, I predict it will be considered irresponsible for public companies not to own Bitcoin on their balance sheets.”
Meanwhile, Bitcoin’s 24-hour trading volume surged by 140%, reaching $71.39 billion on January 14. This uptick in increased market activity suggests renewed confidence among investors, particularly as institutional players continue to buy the dips.
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