Remixpoint’s recent Bitcoin acquisition of $1.38 million elevates its total cryptocurrency assets to a market value of $34.3 million, indicating a profit of almost $6.72 million.

Japan’s energy and automotive management consulting firm Remixpoint has secured an additional Bitcoin (BTC) for $1.38 million, increasing the overall value of its crypto investment portfolio to $27.59 million, as reported by Yahoo Japan reports.

On Monday, December 9, the company announced the completion of the latest purchase of 13.24 BTC made on December 5 and December 6, using ¥213.9 million (approximately $1.38 million) from its planned ¥1.5 billion ($10.34 million) investment in digital assets. The acquisition price per Bitcoin was ¥15.1 million ($102,000), resulting in a cumulative total of 282.87 BTC acquired.

This recent acquisition is part of Remixpoint’s wider strategy, as the company had previously disclosed intentions to invest up to ¥1.5 billion in cryptocurrency. On December 5, the firm had already purchased 20.84 Bitcoin for ¥300 million ($2.07 million).

Following this latest purchase, Remixpoint’s total cryptocurrency holdings now encompass not only Bitcoin but also Ethereum (227.87 ETH), Solana (9,674.37 SOL), Avalanche (11,875.99 AVAX), Dogecoin (828,500.41 DOGE), and XRP (295,333.73 XRP). The total cost of acquiring these assets amounts to ¥4 billion ($27.59 million).

Founded in 2004 and listed on the Tokyo Stock Exchange in 2006, Remixpoint initially began in the software industry but has since diversified into electricity and automobile trading.

Over the past year, various Japanese investment firms have also ventured into cryptocurrency to tackle the nation’s economic difficulties. A prominent example is Metaplanet, which has amassed a Bitcoin reserve of 1,142 BTC, valued at $106.31 million based on current market prices.