The Japanese listed company Remixpoint has recently purchased encrypted assets worth about 5.27 million US dollars

PANews reported on September 29 that according to Coinpost, Remixpoint, a listed company in Japan, officially disclosed the details of its latest round of cryptocurrency investments on September 27. The total investment amounted to 750 million yen (approximately $5.27 million), which included: 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 investment is the first batch execution of the "15 billion yen ($10.55 million) virtual currency purchase plan" announced by the company on September 26th with an aim to reduce the risk of depreciation of Japanese Yen through diversified investments and optimize cash management strategies.

At a board meeting held on September 26th, Remixpoint's decision-making layer unanimously agreed to allocate part of surplus funds into cryptocurrencies in order to diversify asset portfolio risks and reduce exposure to Japanese Yen while hoping this move would enhance financial resilience for the company. The company clarified its investment and management strategy - out of a total amount of ¥1.5 billion; Bitcoin holds major share(¥1.2 billion) whereas Ethereum,Solana,and Avalanche each received ¥100million as an investment.These will be carried out in stages with a goal set according to market conditions aiming completion before end year.