COINOTAG news reported on September 29 that Remixpoint, a publicly traded Japanese firm, detailed its crypto asset acquisition strategy on September 27. The disclosed investment amounting to 750 million yen (approximately 5.27 million US dollars) included significant purchases of 64.4 BTC (600 million yen), 130.1 ETH (50 million yen), 2,260.5 SOL (50 million yen), and 12,269.9 AVAX (50 million yen). This move marks the inaugural phase of the company’s comprehensive plan to invest 1.5 billion yen (around 10.55 million US dollars) into virtual currencies, as announced on September 26. Remixpoint’s strategy aims to mitigate yen depreciation risks while enhancing its cash management framework through diversified investment.
Source: https://en.coinotag.com/breakingnews/remixpoint-invests-5-27m-in-crypto-assets-acquires-64-4-btc-to-mitigate-yen-depreciation/