Solana
Remixpoint Liquidates Altcoin Holdings in Shift to Bitcoin-Only Treasury
Japanese firm Remixpoint sold its Ethereum, Solana, XRP, and Dogecoin positions to leave Bitcoin as its sole digital asset holding.
Japanese public company Remixpoint disposed of all its holdings in Ethereum, Solana, XRP, and Dogecoin on September 1, shifting its digital asset treasury exclusively into Bitcoin.
According to a disclosure on the company's website, the altcoins were sold for ¥878.81 million ($4.47 million) against a book value of ¥761.04 million ($3.87 million). The transaction yielded a realized profit of ¥117.77 million ($598,400), which the company plans to record as business-segment revenue in the second quarter of the fiscal year ending March 31, 2027.
Among the individual assets sold, Ethereum generated a profit of ¥60.20 million ($305,900), Solana brought in ¥49.30 million ($250,500), and XRP added ¥11.52 million ($58,500). Proceeds from the divestment may be used to strengthen the balance sheet and fund battery-storage projects, leaving the company with roughly 1,506 BTC.
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