CandleFocus Japanese Yen Depreciation Drives Japan Company to Purchase Bitcoin, Ethereum, and Solana
2024-09-30
Author: Content Editor
Remixpoint, a publicly listed company in Japan, has spent around $5.25 million to purchase four major cryptocurrencies: Bitcoin, Ethereum, Avalanche, and Solana. The company acquired 64.4 BTC, 2,260.5 SOL, 130.1 ETH, and 12,269.9 AVAX. They spent the most on Bitcoin, committing nearly $4.2 million. Remixpoint plans to purchase an additional $5.25 million worth of these cryptocurrencies by the end of the year. This move is part of the company's efforts to diversify its investments and mitigate the risk of Japanese Yen depreciation. The acquisition also had a positive impact on Remixpoint's share prices.
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