The Tokyo -based energy company Remixpoint raised 31.5 billion yen (around $ 215 million) to expand Bitcoin’s treasury, according to a Wednesday announcement.
Remixpoint will allocate newly raised funds to Bitcoin (Btc) Getting, the company Says In an x post. Funds have been raised by the 25th series of remixpoints of stock retrieval rights and fourth series of unsafe bonds, According to at the local media outlet coinpost.
The series of stock retrieval rights will create 55 million new shares, representing a 39.9% dilution. The release was made without any discount and was carried out at market prices.
The post also claims that the firm is aimed at its reserve up to 3,000 BTC in the near term. Remixpoint is currently the —30 largest corporate Bitcoin Treasury with a balance of 1,051 BTC, worth more than $ 113.8 million, According to In the data of bitcointreasuries.net.
The news follows a announcement on Tuesday that Remixpoint CEO Takashi Tashiro will pay for Bitcoin As part of the stated effort to be “on the same boat” as shareholders. The company is a listed energy listed in Tokyo and Fintech firm who pivoted to accumulate bitcoin.
“We have become more convinced in the future of Bitcoin, and this decision is the result of a broad discussion,” the company said on Tuesday.
Related: Some Bitcoin Treasury companies will survive ‘Death Spiral’: VC Report
The Company Board unanimously approved the investment strategy, citing the potential to enhance the value of the corporation from a risk of recurring risk while maintaining the future flexibility in the future:
“We understand the difference between stealing opportunities and playing it safely, as well as the difference between a challenge and carelessness.”
Related: Bitcoin’s new treasury can cracked under price pressure
Bitcoin treasury space becomes tight
The number of corporate Bitcoin Treasury continues to grow, likely to be driven by the success of previous adoption and dynamics in the market. The first Bitcoin treasury company worldwide, approach, approach, expected to report more than $ 13 billion In the unlucky gains in its handling in bitcoin for the second quarter of 2025, but reported to be $ 14 billion In the unlucky gains on Monday.
Metaplanet, Japan’s Bitcoin Treasury Treasury Company, Got another 2,204 bitcoin for $ 237 million on Monday. On Tuesday, the CEO of the firm also said The company explores the acquisition of a digital bank To further its operations.
Also on Tuesday, two European companies – the French blockchain group and the smarter web company of the United Kingdom – Expanded their handles in Bitcoin by 116 BTC and 226.42 BTC, respectively. Despite the fuzzy activity, not everyone is convinced that this is a winner.
Glassnode lead analyst James Check suggested last week that the Bitcoin’s treasury approach may be longevity Many are expected. According to him, the easily reversed may be behind new companies entering the space and that highlights the lower interest of the investor. “No one wants the 50th Treasury company,” he said.
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