Corporate Buyers Flock Back to Bitcoin as Prices Hold Near $77,000

Corporate Bitcoin buyers are once again on the move as several firms in Japan, France, and the UK acquire more Bitcoins. Remixpoint, a diversified energy and technology company listed on the Tokyo Stock Exchange, has taken the lead in Japan by liquidating its entire altcoin book and holding only Bitcoin going forward.

Remixpoint sold 901.45 Ether (ETH), 13,920 Solana (SOL), 1.19 million XRP, and 2.8 million Dogecoin (DOGE) on September 1, earning a gain of about $737,000 against a book value near ¥761 million.

The UK's Smarter Web Company added 35 BTC to its treasury, pushing it to 2,747 BTC and the 29th position among listed holders. In France, Capital B received a €7.6 million private placement from Blockstream CEO Adam Back, which will be used mainly for buying more Bitcoin.

Strive, a Dallas asset manager, also added roughly 1,800 BTC to reach 23,156 BTC and overtake Bullish for the fifth spot among public corporate holders.