Latest news with #Remixpoint
Yahoo
09-07-2025
- Business
- Yahoo
Bitcoin Treasury Firms Expand War Chests as Global Adoption Rises
Companies building bitcoin (BTC) treasuries are currently the focus of the digital-assets ecosystem as global adoption widens, and three existing participants have announced a total of about $278 million in new funding to boost their holdings in recent days. Remixpoint (3825), a Japanese energy consulting firm, disclosed Wednesday that it raised around 31.5 billion yen ($215 million) in new financing. Remixpoint holds 1,051 BTC and intends to deploy the entire capital toward buying more, with a near-term goal of reaching 3,000 BTC in its treasury. Sweden's H100 Group (H100), a health technology company, said it secured an additional 516 million kronor ($54 million) through its Tranche 6 and Tranche 7 financing rounds, originally announced on June 16. Total capital raised now stands at 921 million kronor, it said Wednesday. H100 currently holds 248 BTC and plans to direct funds toward opportunities tied to its bitcoin treasury (DCC) raised $20.7 million from investors including Animoca Brands, UTXO Management and ParaFi Capital to grow its bitcoin treasury. The placement, priced at $0.074 per share, includes warrants exercisable at $0.15. Directors plan to invest $610,000, subject to shareholder approval. Canada's LQWD Technologies (LQWD), which operates a network of enterprise-grade nodes on the Lightning network, said Monday it increased its financing round to C$12.3 million ($9 million). The capital will support further bitcoin acquisitions as part of LQWD's Lightning Network business. LQWD currently holds 181 DigitalX has been updated and raised $20.7 million.
Yahoo
16-04-2025
- Business
- Yahoo
Bitcoin for Balance Sheet: Another Japanese Firm Mulls Michael Saylor's BTC Strategy
Value Creation (9238), a Tokyo-listed logistics and tech firm, expects to add 100 million yen ($700,000) worth of bitcoin (BTC) to its balance sheet over the next four months, according to a statement. This firm had previously purchased about 200 million yen ($1.4 million) worth of bitcoin. The funds come from surplus capital earmarked for future investments, the company said. Value Creation's move is a tiny one, but isn't happening in isolation. A trend is taking hold in Japan, where companies—once cautious—are dipping into BTC as a treasury reserve asset. Several firms in the country have adopted BTC, with energy firm Remixpoint, NEXON, and Metaplanet among them. Metaplanet is the largest Japanese corporate holder with 4,525 BTC on its balance sheet. Disclaimer: The information gathered for this article was translated with the use of artificial intelligence. Sign in to access your portfolio
