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Japanese Company Invests Big in Bitcoin, Ethereum, XRP, and These Two Altcoins! "8000% Increase in 9 Months!"
Many institutional companies have announced that they invest in Bicoin (BTC) and various altcoins, while one of Japan's major companies, Remixpoint, has increased its crypto assets by 8,000% and reported unrealized gains of $4.4 million.
According to CoinDesk, Japanese energy consulting firm Remixpoint announced its third-quarter earnings, revealing that it had increased its cryptocurrency reserves by more than 8,000% in nine months, stating that it had a 9 billion yen investment, which is (59 million dollars).
Although Remixpoint generally focuses on energy consulting, it invests in Bitcoin as a hedge against the depreciation of the Japanese fiat currency Yen, and also provides support for trading with BTC.
While the majority of Remixpoint's investments are in Bitcoin, they also have investments in Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE).
It has been observed that the company's Bitcoin and altcoin investments have accelerated, becoming more compatible with a more positive regulatory outlook following Donald Trump's election victory.