Remixpoint Aims for 3,000 BTC Jackpot After $215M Funding Blitz
Crypto upstart Remixpoint just loaded its war chest—$215 million fresh—and now it’s gunning for 3,000 BTC. Because why moon when you can Mars?
The funding round reads like a VC fever dream: nine figures, zero patience for 'slow and steady.' TradFi bankers are already clutching their P&L sheets.
Target locked: 3,000 BTC or bust. Whether that’s ambition or hubris depends on which side of the leverage trade you’re on.
One thing’s certain—when crypto firms throw around numbers like this, someone’s either getting rich or getting rekt. No in-between.
Remixpoint Bets Big on Bitcoin
Following the initial acquisition, additional purchases will be based on the average stock price over three consecutive trading days. In its disclosure, Remixpoint stated that after extensive internal discussions, it has become increasingly convinced of Bitcoin’s future potential.
Although various opinions were expressed within the company, the board unanimously concluded that the move WOULD boost corporate value from a risk-return perspective while expanding future strategic options.
“We understand the difference between seizing opportunities and playing it safe, as well as the distinction between a challenge and recklessness. We kindly ask for your continued warm support.”
The latest development comes just a day after the Japanese energy firm said that it will pay its President and CEO, Yoshihiko Takahashi, his entire executive compensation in Bitcoin. Following the move, it became the first listed company in the country to adopt this approach.
The step is in line with Remixpoint’s goal of “shareholder-oriented management,” ensuring that management shares the same economic fate as shareholders, especially as its share price often moves in tandem with Bitcoin’s price.
The decision follows shareholder feedback urging management to align more closely with investor interests. While insider trading restrictions make it difficult for executives to acquire company shares, paying the CEO in Bitcoin offers a practical alternative to share economic value with shareholders while supporting Remixpoint’s strategy of integrating crypto assets, energy, and Web initiatives.
The announcement comes amid a broader trend in Japan of companies, including Gumi, Value Creation, Metaplanet, and SBC Medical, adding bitcoin to their strategies and balance sheets.
Semler’s Corporate Bitcoin Accumulation Race
Outside Japan, corporate adoption of Bitcoin as a treasury asset continues to gain momentum. For instance, Nasdaq-listed healthcare tech firm Semler Scientific acquired 187 BTC for $20 million at $106,906 per bitcoin this week. The purchase was funded using proceeds from its at-the-market (ATM) stock program.
With this latest addition, Semler now holds a total of 4,636 BTC. The stash is currently valued at around $502 million, against a total purchase cost of $430 million. This implies paper gains of approximately $72 million and places the company 15th among corporations with the largest BTC holdings.
