Japanese Bitcoin custody firm Remixpoint holds 1,506.23 BTC

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Japanese Bitcoin custody firm Remixpoint holds 1,506.23 BTC at an average cost of $68,000 per coin. The total cost amounts to 161.05 billion yen ($103 million), while the current market value stands at 190.06 billion yen ($122 million). Price movements in BTC have generated an estimated profit of 29.01 billion yen ($18.6 million). The firm’s holdings underscore BTC’s dominance in Japan’s institutional market.

Japanese Bitcoin treasury company Remixpoint announced that, as of today, it holds approximately 1,506.23 BTC at an average cost price of around $68,000. The book cost amounts to approximately JPY 16.105 billion (about $103 million), while the current market value is approximately JPY 19.006 billion (about $122 million), resulting in an unrealized gain of approximately JPY 2.901 billion (about $18.6 million).

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