Japanese energy firm Remixpoint boosted its crypto holdings by over 8,000% in nine months, investing 9 billion yen ($59 million), mainly in Bitcoin. The move aligns with its strategy to hedge against the yen’s depreciation, mirroring Metaplanet’s approach. Following Donald Trump’s election win, the firm accelerated crypto accumulation, sending its shares up 360%. Despite reporting a 1.35 billion yen profit and unrealized gains, shares fell 15% after its Q3 earnings report. Remixpoint now nears its 10 billion yen ($65 million) crypto investment target as it expands into digital asset services.
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