Remixpoint has begun cryptocurrency investments totaling more than ¥20 billion and is pursuing full-scale expansion into BTC-centered asset management and the Web3 and validator businesses. Its new business model combining its existing energy business with these areas is attracting attention.
Since September 2024, Remixpoint has made cryptocurrency investments totaling more than ¥20 billion, aiming to expand corporate value through BTC-centered asset management. Its current cryptocurrency holdings include approximately 1,168 BTC or more as the primary holding, with a market value of approximately ¥20 billion, 901.45 ETH, 13,920 SOL, 1.19 million XRP and 2.8 million DOGE. As a result, corporate value has increased approximately 5-fold from before the start of its cryptocurrency investments.
The company is pursuing full-scale entry into the Web3 and validator businesses, with plans to conduct validation services for Proof-of-Stake chains and expand its presence in the Web3 sector in 2025. It has announced plans to establish new revenue sources by becoming a platinum sponsor of WebX2025 and recruiting and developing specialized personnel.
The combination of its existing electricity business and new technologies is also expected to create unique synergies. Potential initiatives include expanding mining operations, integrating renewable energy with blockchain, digital transformation of energy trading and collaboration with the energy storage business, while maintaining the stability of its electricity retail business.
For the fiscal year ended March 2025, revenue was ¥21.129 billion and net income attributable to owners of the parent was -¥593 million, reportedly due in part to the decline in cryptocurrency prices. The outlook for fiscal 2026 has not been determined, but the company plans to acquire approximately ¥31.5 billion worth of bitcoin during that fiscal year.