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<ul>
 <li><strong>Remixpoint has invested 750 million yen in cryptocurrencies, including BTC, ETH, SOL, and AVAX.</strong></li>  
 <li><strong>This investment is part of the firm 1.5 billion yen plan to improve and lower inflation.</strong></li>  
 <li><strong>The firm plans to meet these purchases by the year based on market conditions.</strong></li> 
</ul>  
<p>Tokyo Stock Exchange listed Remixpoint Inc. announced it has invested 750 million yen in digital assets, including Bitcoin and Solana. The company released the details of this purchase on September 27th as part of its yen crypto investment plan.</p>  
<h2 class="wp-block-heading" id="h-remixpoint-invests-1-5-billion-yen-in-crypto-assets">Remixpoint Invests 1.5 Billion Yen in Crypto Assets</h2>  
<p>Remixpoint's announcement indicates that its digital currency purchases total 64.4 BTC valued at 600 million yen and 130.1 ETH worth 50 million yen, along with 2 260.5 SOL at 50 million yen and 12 269.9 AVAX which is priced at 50 million yen as noted by Wu Blockchain.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/WuBlockchain/status/1840220111233515751
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</figure>  
<p>By diversifying its assets into virtual currencies, the company aims to improve its financial strategy for managing its cash. The goal of this action is to reduce the risk of the Japanese yen due to worries about future depreciation.</p>  
<p>This <a href="https://cryptonewsland.com/unlocking-potential-the-best-cryptos-to-invest-in-as-a-beginner-in-2024/" target="_blank" rel="noopener noreferrer nofollow">investment marks part</a> of the broader 1.5 billion yen cryptocurrency purchase announced by Remixpoint on September 26th. The judgment was made during a board of directors meeting as part of a cash management plan. The company aims to complete the purchase in stages, based on market conditions, with the goal of finalizing the investments by the end of the year.</p>  
<h2 class="wp-block-heading" id="h-remixpoint-boosts-crypto-holdings-amid-risk-controls">Remixpoint Boosts Crypto Holdings Amid Risk Controls</h2>  
<p>In addition to <a href="https://cryptonewsland.com/the-best-crypto-to-invest-in-and-buy-in-september-2024-smart-investment/" target="_blank" rel="noopener noreferrer nofollow">its cryptocurrency purchases</a>, Remixpoint has implemented comprehensive risk management policies. These include establishing a dedicated investment management department, quarterly mark-to-market valuations, and conducting transactions exclusively through major cryptocurrency exchanges. This approach aims to limit risks and ensure effective asset management.</p>  
<p>The investment occurs at a moment when trading virtual currencies is growing easier. The U.S. developments have sparked the trading of BTC spot ETFs on exchanges in Hong Kong and Australia. Cryptocurrencies have been added to the company's portfolio to strengthen its currency assets against yen devaluation.</p> 
<p>The post <a href="https://cryptonewsland.com/remixpoint-invests-750-million-yen-in-bitcoin-ethereum-solana-and-avalanche/" rel="noopener noreferrer nofollow">Remixpoint Invests 750 Million Yen in Bitcoin, Ethereum, Solana, and Avalanche</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Remixpoint Invests 750 Million Yen in Bitcoin, Ethereum, Solana, and Avalanche

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