Remixpoint liquidates altcoins to focus on Bitcoin

Japanese listed company Remixpoint sold all its ETH, SOL, XRP, and DOGE holdings on September 1, cashing out a total of 878.81 million yen, with a realized sale profit of approximately 117.78 million yen, retaining only Bitcoin in its digital asset portfolio.

The company sold 901.4467 ETH for 353.4 million yen, realizing a profit of 60.2 million yen; it sold 13,920.0726 SOL for 227.9 million yen, realizing a profit of 49.3 million yen. These two sales contributed approximately 109.5 million yen in profit, accounting for about 93% of the total sale profit.

Approximately 1.1912 million XRP were sold for 260.4 million yen, realizing a profit of 11.52 million yen; approximately 2.8023 million DOGE were sold for 37.08 million yen, recording a loss of 3.26 million yen. The company disposed of all four assets on the same day, rather than continuing to maintain a diversified currency allocation.

After the sale, Remixpoint holds approximately 1,506 BTC. The company stated that after considering the overall market environment and the risk-return characteristics of various crypto assets, it will clearly adopt a Bitcoin-centered holding and operational policy going forward.

The company expects to account for the approximately 117.78 million yen in sale profits in its operating income for the second quarter of the fiscal year ending March 2027. It also disclosed that from February 24 to August 31, it accumulated a total of 14.92055902 BTC in earnings from BTC lending, equivalent to about 164.2 million yen at the end of August; the staking earnings from ETH and SOL during the same period totaled approximately 29.875 million yen.

The funds from the sale are not limited to increasing BTC holdings. Remixpoint stated that it will explore using the funds for asset expansion in growth areas such as grid-level energy storage, strengthening financial foundations, and other purposes aimed at enhancing corporate and shareholder value; this operation thus has the dual attributes of reducing exposure to altcoin volatility and allocating capital for energy business.

In market mechanics, Remixpoint is a clear seller of ETH, SOL, XRP, and DOGE, with buyers being market participants that take on its spot liquidity; after exiting high-beta crypto assets, part of the funds formed a single asset exposure to BTC, while another part remained as yen liquidity or flowed into energy projects and the balance sheet. BTC gained a company-level allocation tilt as the only retained digital asset; ETH, SOL, XRP, and DOGE lost a publicly disclosed corporate holder, but the total scale of about 878.9 million yen relative to the global spot liquidity of the four asset types is limited, making it difficult to constitute a systemic price driver on its own.

Source: Public Information