Japanese firm Remixpoint has announced a major change in its investment strategy, focusing on new opportunities within the battery and energy sector instead of Web3 ventures. The company’s decision stems from difficulty finding projects that balance high growth potential with a responsible risk-reward profile amidst current market conditions. As a result, funds previously allocated for Web3 investments – totaling 1.2 billion yen (approximately $7.75 million) – will now be directed towards these new ventures. Furthermore, Remixpoint has successfully invested Bitcoin, utilizing 4.76 billion yen (approximately $30.74 million), from the total of 5.976 billion yen ($38.6 million) raised, by June, and stopped accepting new equity funding to protect shareholder value and prevent dilution.