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Remixpoint Sees Strong Medium-Term Upside for Bitcoin, May Sell Some Holdings to Maximize Corporate Value

Source
Minseung Kang

Summary

  • Remixpoint said it sees a very high probability of a medium-term rise in Bitcoin and views it as a medium- to long-term strategic asset.
  • It said, however, that it could sell part of its Bitcoin holdings after considering price levels, market conditions, capital efficiency, business investment opportunities, and funding needs.
  • The company said it would use the proceeds for investment in growth areas such as large-scale battery storage and deep-tech-related businesses, as well as other strategic capital allocation, in pursuit of maximizing corporate value.

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Photo: Shutterstock
Photo: Shutterstock

Japan-listed Remixpoint said it sees a strong chance of Bitcoin gaining over the medium term, though it may sell part of its holdings if doing so would help maximize corporate value.

In a post on X on June 25, the company said Bitcoin had briefly fallen below $60,000 earlier. It attributed the recent decline to a combination of factors, including caution over monetary policy, a broader correction across risk assets, changes in short-term fund flows and the liquidation of leveraged positions.

Remixpoint said short-term price volatility could remain elevated. Even so, it said the latest move has not changed Bitcoin's underlying value, citing its capped supply, network strength, progress in institutional adoption and infrastructure, and a broader investor base that includes institutional participants.

It also said buying interest had emerged in the $59,000 to $60,000 range. The market is now absorbing near-term selling pressure while searching for its next direction, the company said. It added that it would assess market conditions calmly and that it would be inappropriate to judge the broader market based only on short-term order-book data or price swings.

Remixpoint said it views Bitcoin as a medium- to long-term strategic asset. Bitcoin has limited supply, while institutional participation and infrastructure development are advancing globally. Recognition of Bitcoin as a financial asset, as well as its potential uses, is also expanding, it said.

While accurately predicting the timing is extremely difficult, the company said the odds are very high that Bitcoin's value will rise over the medium term when those factors are taken into account.

At the same time, Remixpoint said it is not focused solely on holding Bitcoin indefinitely. It said it could sell part of its Bitcoin holdings after considering price levels, market conditions, capital efficiency, business investment opportunities and funding needs, if it determines such a move would help maximize corporate value.

The company said proceeds from any sale could be used for investments in growth areas, including large-scale battery storage and deep-tech-related businesses, as well as other strategic capital allocation. It added that its decisions would be guided not by holding for the sake of holding or selling for the sake of selling, but by what best contributes to maximizing corporate value.

#Institutional Investors
Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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