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 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.