This Japanese company made money on Ethereum, Solana, and XRP, but sold them anyway to keep its $121 million Bitcoin holdings
Remixpoint sold all of its Ethereum, Solana, XRP, and Dogecoin holdings, leaving Bitcoin as its only cryptocurrency asset. The Japanese company generated ¥878.8 million, or about $5.5 million, from the Sept. 1 sales and...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Remixpoint sold all of its Ethereum, Solana, XRP, and Dogecoin holdings, leaving Bitcoin as its only cryptocurrency asset.
The Japanese company generated ¥878.8 million, or about $5.5 million, from the Sept. 1 sales and booked a net gain of about ¥117.8 million, or roughly $737,000, according to a regulatory filing.
Remixpoint sold 901.45 ETH, 13,920 SOL, 1.19 million XRP, and 2.8 million DOGE. Ethereum generated the largest realized gain at ¥60.2 million, or about $377,000, followed by Solana at ¥49.3 million, or more than $300,000, and XRP at ¥11.5 million, or about $72,000. Dogecoin produced a ¥3.3 million loss, or roughly $21,000.
The disposals leave Remixpoint with a Bitcoin-only digital-asset treasury. Its live treasury page showed about 1,506.23 BTC as of Sept. 3, worth roughly $121 million at current prices.
Bitcoin Treasuries data shows the company has added about 90 BTC to its holdings this year. Remixpoint was also among the earlier Japanese listed companies to adopt a Bitcoin treasury strategy after Metaplanet helped establish the model domestically.
The continued accumulation makes Bitcoin more than the residual asset left after the altcoin sales. Remixpoint has been increasing its BTC position even as it moved to eliminate exposure to other major cryptocurrencies.
Related Reading Metaplanet burned through 83% of a $500 million credit line to build 43,000 BTC, and now it wants investors to fund the next legThe company did not say the ¥878.8 million raised from the sales would be used to buy more Bitcoin.
Instead, it left the proceeds available for several corporate priorities, including expansion into grid-scale battery storage, strengthening its balance sheet and other measures aimed at increasing shareholder value.
Remixpoint said it considered market conditions, the risk-return profile of each asset and its broader financial strategy before deciding to concentrate its remaining crypto exposure in Bitcoin.
The sale came after the company had also generated income from some of the assets it exited. Remixpoint reported ¥29.9 million in yen-denominated staking rewards from Ethereum and Solana between July 2025 and Aug. 31, 2026.
Separately, its Bitcoin holdings generated 14.92 BTC in lending fees between Feb. 24 and Aug. 31, valued at about ¥164.2 million using month-end prices.
Remixpoint’s pivot also reflects a broader reassessment among corporate crypto treasuries navigating weaker markets and increasing pressure to justify how digital assets fit into their balance sheets.
The post This Japanese company made money on Ethereum, Solana, and XRP, but sold them anyway to keep its $121 million Bitcoin holdings appeared first on CryptoSlate.
Why this matters
Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CryptoSlateRelated market context
Ethereum Tests 200 Million Gas Limit On Sepolia As Glamsterdam Moves Forward
TL;DR: Ethereum’s Sepolia testnet is testing a 200 million block gas limit as part of work around the Glamsterdam upgrade. The exp...
Robinhood adds $25 million of Bitcoin to its own balance sheet
Robinhood is adding $25 million of Bitcoin to its balance sheet after executives previously debated whether corporate crypto holdi...
Why Abstract is killing its Ethereum L2 instead of launching a token to save it
Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disn...
Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation
Ethereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation. CoinMark...
Solana Hits 14M Stablecoin Holders as Card Volume Tops $1B
Solana’s stablecoin footprint has expanded to more than 14 million holder addresses, alongside over $15 billion in supply and $1 b...
Ethereum (ETH) Price Prediction: ETH Eyes Recovery From $2,600 as $2,666-$2,689 Becomes Resistance
Ethereum price is holding around $2,618 as buyers attempt to preserve the latest recovery, but the market is approaching a decisiv...