Remixpoint, Japan’s No. 2 Bitcoin Treasury Company After Metaplanet, Sells All Altcoins to Go BTC-Only

Japanese digital-asset treasury company Remixpoint has sold its entire portfolio of altcoins, leaving Bitcoin as the only cryptocurrency on its balance sheet as it consolidates its treasury strategy around the world’s largest digital asset. The Tokyo-listed company disclosed on September 2 that it sold all of its Ethereum, Solana, XRP and Dogecoin holdings one day earlier for a combined ¥878.8 million, or approximately $5.5 million. The assets had a combined book value of roughly ¥761 million, meaning Remixpoint realized approximately ¥117.8 million, or $737,000, in gains.

Remixpoint said it made the decision after considering market conditions, the risk-return characteristics of each cryptocurrency and its broader financial strategy. Following the transactions, its cryptocurrency portfolio consists exclusively of approximately 1,506 BTC, currently worth around $115 million.

ETH and SOL Generate Most of the Profit

Ethereum produced Remixpoint’s largest realized gain. The company sold 901.45 ETH for approximately ¥353.4 million against a book value of ¥293.2 million, generating roughly ¥60.2 million in profit. Its 13,920 SOL position was sold for ¥227.9 million, producing another ¥49.3 million gain. Remixpoint also disposed of approximately 1.19 million XRP for ¥259.8 million, booking an ¥11.5 million profit. Dogecoin was the only losing position.