Japanese publicly listed company Remixpoint has announced a significant move into the cryptocurrency market, revealing an investment of 750 million yen (approximately $5.27 million) on September 27. This initial investment includes the acquisition of 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 marks the first phase of a broader plan disclosed on September 26, wherein Remixpoint aims to invest a total of 1.5 billion yen (around $10.55 million) in digital currencies.

The strategic decision was made during a board meeting, where company leaders unanimously agreed to allocate surplus funds toward cryptocurrency investments. The initiative is designed to diversify Remixpoint’s asset portfolio, reduce reliance on the yen, and strengthen the company’s financial stability.

The investment strategy specifies that Bitcoin will receive the largest share of the total allocation at 1.2 billion yen, while Ethereum, Solana, and Avalanche are each set to receive 100 million yen. These investments will be executed in stages, with the completion target set for the end of the year, contingent on market conditions.