Japan’s Remixpoint dumps altcoins, leaves 1,506 BTC as sole crypto bet
Summary
Remixpoint, a major Japanese corporate Bitcoin holder, sold all of its altcoins and now holds only about 1,506 BTC, worth roughly $115 million. It sold Ether, Solana, XRP, and Dogecoin for a total of 878.8 million yen ($5.5 million), booking a combined gain of 117.8 million yen ($736,000). Gains came from ETH, SOL, and XRP sales, while DOGE was sold at a 3.26 million yen loss. The company said the move reflects market conditions, risk-return considerations, and a strategy to focus its crypto portfolio on Bitcoin to improve capital efficiency and clarify its investment approach. Remixpoint also earned 14.92 BTC from lending its Bitcoin between late February and the end of August.
