Tokyo-listed energy and fintech firm Remixpoint has officially raised 31.5 billion Japanese yen, equivalent to $215 million, with the sole purpose of expanding its Bitcoin treasury. The company announced the development on Wednesday, signaling its commitment to further integrate cryptocurrency into its corporate strategy.
According to Remixpoint’s post on X (formerly Twitter), the entire sum will be used to acquire Bitcoin (BTC), as the company eyes a dramatic increase in its crypto reserves.
Stock and Bond Issuance Fuels the Move
The funding was generated through the company’s 25th series of stock acquisition rights and fourth series of unsecured bonds, as reported by local media outlet CoinPost. The stock acquisition rights will result in the creation of 55 million new shares, marking a 39.9% dilution. Importantly, this issuance is taking place without any discount, and shares will be sold at market price.
This move underscores Remixpoint’s aggressive financial strategy, focused on leveraging capital markets to strengthen its position in the Bitcoin ecosystem.
Goal: 3,000 BTC in the Short Term
Remixpoint’s announcement also revealed its near-term objective—to hold 3,000 BTC in its reserves. Currently, the company holds 1,051 BTC, valued at over $113.8 million, placing it as the 30th largest corporate Bitcoin holder globally, according to data from BitcoinTreasuries.NET.
If successful, the planned expansion will nearly triple Remixpoint’s BTC holdings, significantly raising its position among Bitcoin-heavy corporations.
CEO to Receive Salary in Bitcoin
In a related move, Remixpoint announced on Tuesday that its CEO, Takashi Tashiro, will begin receiving his salary in Bitcoin. The company framed this decision as an effort to ensure leadership is “in the same boat” as shareholders, signaling deeper corporate alignment with the digital asset.
This strategic alignment not only reflects growing confidence in the long-term value of Bitcoin but also positions the leadership team to directly benefit, or suffer, from the volatility and potential growth of its Bitcoin holdings.
Company Doubles Down on Bitcoin Vision
Remixpoint, traditionally known for its operations in the energy and fintech sectors, appears to be undergoing a significant shift in focus. “We have become even more convinced of Bitcoin’s future, and this decision is the result of extensive discussions,” the company stated on Tuesday.
This declaration suggests a long-term vision, one where Bitcoin is not just a treasury asset, but a fundamental pillar of the company’s evolving identity.
With a $215 million capital infusion and bold moves like executive Bitcoin compensation, Remixpoint is placing a significant bet on the future of digital assets. As the firm works toward its 3,000 BTC target, its evolving strategy highlights how traditional sectors are beginning to intersect with the world of cryptocurrency, not as a side project, but as a core business philosophy.
