Remixpoint Sells Entire ETH, SOL, and Two Other Altcoin Holdings to Consolidate Solely into Bitcoin

Remixpoint, a listed company that has incorporated crypto assets into its financial strategy, has divested all holdings other than Bitcoin. The company announced on September 2 that it had sold its entire positions in Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) as of the previous day. The sale generated a gain of approximately ¥117.78 million (approximately $740,000), which will be recorded as business segment revenue in the second quarter of the fiscal year ending March 2027.

Total sale proceeds came to ¥878,814,569, with the difference against the book value of ¥761,041,920 representing the realized gain or loss. By asset, ETH produced a gain of ¥60,203,121, SOL a gain of ¥49,304,898, and XRP a gain of ¥11,523,717, while DOGE incurred a loss of ¥3,259,087. The three profitable positions absorbed the loss from DOGE, resulting in an overall gain exceeding ¥100 million (approximately $630,000).

Background of the Sale and the Pivot to Bitcoin

The company explained that the decision to sell was based on a comprehensive assessment of market conditions, the risk-return profiles of each crypto asset, and its overall financial strategy. Going forward, Remixpoint indicated it will pursue a strategy of selection and concentration within its crypto asset portfolio, shifting to a holding and management framework centered on Bitcoin (BTC).