Remixpoint Sells Altcoins As Bitcoin Becomes Its Sole Crypto Holding

• For ¥878.8 million, Remixpoint sells ETH, SOL, XRP, and DOGE.
• Currently, the company’s sole cryptocurrency holdings are about 1,506 BTC.
• The total realized profit from altcoin sales was ¥117.77 million.
• Remixpoint is bolstering its treasury approach with an emphasis on Bitcoin.

Japanese listed company Remixpoint has sold its entire altcoin portfolio for approximately ¥878.8 million, making Bitcoin its only cryptocurrency holding. This move marks a shift in the company’s digital asset strategy as the company looks to concentrate its crypto exposure on BTC.

According to a disclosure in September, Remixpoint sold its holdings in Ethereum, Solana, XRP and Dogecoin on September 1. The company said the move came after reviewing market conditions, the risk and return of each asset and its overall financial strategy.

The sales generated a combined realized profit of approximately ¥117.77 million. Remixpoint plans to record around ¥117 million from the transactions as business segment revenue during the second quarter of its fiscal year ending March 2027.

Remixpoint Records Gains From Major Altcoin Sales

Ethereum represented the largest sale by value. Remixpoint sold 901.4467 ETH for ¥353.43 million, compared with a book value of ¥293.22 million. The transaction generated a profit of about ¥60.2 million.

The company also sold 13,920.07 SOL for ¥227.89 million against a book value of ¥178.58 million. This resulted in a gain of approximately ¥49.3 million.

Meanwhile, Remixpoint received ¥260.43 million from selling 1.191 million XRP, generating a profit of ¥11.52 million. Dogecoin was the only asset sold at a loss. The company received ¥37.08 million for 2.802 million DOGE, compared with a book value of ¥40.34 million, resulting in a ¥3.26 million loss.

Overall, the four altcoins had a combined book value of ¥761.04 million before being sold.

Bitcoin Becomes The Company’s Main Crypto Asset

Following the transactions, Remixpoint said it now holds approximately 1,506 BTC as its only cryptocurrency. The company has been steadily increasing its Bitcoin exposure since 2024. Its strategy has included additional BTC purchases, financing plans to support Bitcoin accumulation and even paying CEO Yoshihiko Takahashi’s salary in Bitcoin.

Remixpoint has also generated additional income through Bitcoin lending. Its latest disclosure showed that lending operations produced 14.9206 BTC, worth approximately ¥164.22 million, between February 24 and August 31. August alone generated 2.4836 BTC in lending income, valued at about ¥31.15 million.

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