Remixpoint Sells Altcoins to Focus Entirely on Bitcoin Treasury

According to CryptoSlate, Japanese company Remixpoint sold its entire holdings of Ethereum, Solana, XRP, and Dogecoin for ¥878.8 million, or about $5.5 million. CryptoSlate reported that the September 1 sales produced a net gain of ¥117.8 million, with Ethereum generating the largest realized gain of ¥60.2 million, followed by Solana and XRP, while Dogecoin posted a loss.

Reporting by CryptoSlate indicated that the disposals leave Remixpoint with a Bitcoin-only digital-asset treasury. Its live treasury showed approximately 1,506.23 Bitcoin as of September 3, valued at roughly $121 million. CryptoSlate noted that the company has added about 90 Bitcoin to its holdings this year and previously generated 14.92 Bitcoin in lending fees.

CryptoSlate stated that Remixpoint did not disclose whether the proceeds from the sales would be reinvested into Bitcoin. Instead, the funds remain available for corporate priorities, including grid-scale battery storage expansion and strengthening its balance sheet. CryptoSlate highlighted that Remixpoint evaluated market conditions and risk-return profiles before concentrating its crypto exposure exclusively in Bitcoin, following Metaplanet in adopting a Japanese corporate Bitcoin treasury strategy.