Remixpoint Inc., a Tokyo Stock Exchange-listed company, has fully exited its altcoin positions, selling every unit of Ethereum, Solana, XRP, and Dogecoin it held. The sale generated proceeds of approximately ¥878.81 million, equivalent to roughly $5.5M, and leaves the company with a single digital asset on its balance sheet: Bitcoin. The liquidation happened on September 1, 2026, and was not a distressed sale. Remixpoint booked a realized net profit of around ¥117.78 million, about $736,800, on the transaction. What Remixpoint actually sold The portfolio cleanup was comprehensive. Remixpoint offloaded 901.45 ETH, 13,920.07 SOL, 1,191,204.80 XRP, and 2,802,312 DOGE in a single strategic move. ETH and SOL contributed the most to the realized gains, according to the company’s disclosure. The proceeds are being recognized as business segment revenue for the second quarter of the fiscal year ending March 2027. Remixpoint said it plans to direct the funds toward growth initiatives, specifically grid-scale energy storage projects, alongside broader financial strengthening efforts. After the sale, the company holds approximately 1,506 BTC. The company has been incrementally accumulating Bi...
Japan’s Remixpoint exits ETH, SOL, XRP and DOGE to focus on Bitcoin
1 month ago
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