Remixpoint, a Japanese Energy Company, Sees Its Crypto Assets Surge by Over 8,000% in 9 Months.

Remixpoint Sees 8,000% Increase in Crypto Holdings, Buoyed by Regulatory Optimism Post-Trump Victory

Remixpoint (3825), a Tokyo-based energy consultancy firm, has experienced a remarkable 8,000% surge in its cryptocurrency holdings over the nine months ending December 31, 2024. This dramatic rise comes as the company capitalized on the positive regulatory developments in the U.S. following Donald Trump’s presidential election victory.

By the end of the year, Remixpoint had accumulated 5.8 billion yen ($38 million) in crypto assets, up from just 68 million yen in March. As of Thursday, the company had already spent approximately 9 billion yen ($58 million) on digital assets, making significant progress toward its goal of a 10 billion yen ($65 million) investment target. However, the current market value of its holdings remains undisclosed.

While Remixpoint remains primarily focused on energy consultancy, its foray into cryptocurrency began as a strategic move to hedge against the declining value of the Japanese yen. The company’s approach mirrors that of Metaplanet, a Japanese investment firm that experienced a sharp rise in stock price after it began investing in Bitcoin in 2024.

The majority of Remixpoint’s crypto investments have been in Bitcoin, but the company has also diversified into Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE).

In its fiscal third-quarter earnings report, Remixpoint posted a profit of 1.35 billion yen, with an unrealized gain of 658 million yen on its crypto holdings. Since November 2024, the company has been recognizing gains and losses on its digital assets as part of its revenue stream.

Remixpoint’s increased crypto accumulation aligns with the broader cryptocurrency market rally following Trump’s election, which has been fueled by expectations of a more favorable regulatory environment. The firm’s stock price has surged more than 360% since the election, with its Bitcoin holdings quadrupling to 125.2 BTC.

Despite the company’s strong performance, Remixpoint’s shares fell by 15% on Friday, even as the broader Nikkei 225 index saw a smaller decline of 0.79%.