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Japanese Energy Firm Remixpoint Boosts Crypto Holdings More Than 8,000% in 9 Months

Japanese Energy Firm Remixpoint Boosts Crypto Holdings More Than 8,000% in 9 Months
Remixpoint, a Japanese energy consulting firm, has seen its cryptocurrency holdings increase by over 8,000% in the nine months leading up to December 31. The company, which had initially invested in bitcoin as a hedge against the depreciation of the Japanese currency, now holds around $38 million worth of crypto. The majority of its investments were allocated to bitcoin, but the firm also invested in ether, SOL, XRP, and dogecoin. The surge in cryptocurrency prices following Donald Trump's victory in the US presidential elections prompted Remixpoint to increase its accumulation of digital assets. Despite this, the company's shares fell 15% on Friday.

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