Japanese listed company Remixpoint will increase its BTC holdings by $3.3 million by the end of the year

Japanese listed company Remixpoint will spend 500 million yen (about $3.3 million) to buy BTC by the end of the year. It said it would make a full disclosure if the new BTC purchase "has a significant impact on its consolidated financial results." The company added: "We expect more institutional investors to enter the market after the cryptocurrency spot ETF is approved." Remixpoint was the owner of the cryptocurrency exchange BITpoint and sold it to securities and cryptocurrency giant SBI in 2023. (Cryptonews) Earlier in September, Remixpoint announced in a statement the number of crypto assets (virtual currencies) it purchased and their amounts: a total of 750 million yen (about $5.27 million) was spent, purchasing 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). The purchase was part of the company's "purchase of a total of 1.5 billion yen in virtual currency" announced on the 26th of that month.