Remixpoint Dumps ETH, SOL, XRP and DOGE to Focus Crypto Strategy on Bitcoin

Japanese listed investment firm Remixpoint has liquidated its entire altcoin portfolio - including Ethereum, Solana, XRP and Dogecoin - for ¥878.8 million, leaving the company with roughly 1,506 Bitcoin as its sole crypto holding. The dramatic pivot, disclosed on September 2, comes after the company reviewed market conditions, risk-return profiles and its overall financial strategy, concluding that Bitcoin should be the cornerstone of its corporate treasury. The asset sales generated a combined realized profit of ¥117.77 million, with only Dogecoin sold at a loss. Altcoin Fire Sale: ¥878.8 Million in Divestments According to the filing, Remixpoint executed the sales on September 1, converting its diversified crypto stack into yen. The company plans to book roughly ¥117 million from the altcoin sales as business segment revenue in the second quarter of its fiscal year ending March 2027. The following table breaks down each position sold, the realized proceeds, book value, and profit or loss: Token Type Quantity Sold Sale Proceeds (¥) Book Value (¥) Realized Profit/Loss (¥) Ethereum (ETH) 901.44672542 ETH 353,430,000 293,220,000 +60,200,000 Solana (SOL) 13,920.07255868 SOL 227,890,000 178,580,000 +49,300,000 XRP 1,191,000 XRP 260,430,000 248,910,000 +11,520,000 Dogecoin (DOGE) 2,802,000 DOGE 37,080,000 40,340,000 -3,260,000 Total - 878,810,000 761,040,000 +117,770,000 Ethereum contributed the largest single profit, with the firm disposing of 901.44672542 ETH for ¥353.43 million against a book value of ¥293.22 million, yielding a ¥60.2 million gain. Solana’s sale of 13,920.07255868 SOL brought in ¥227.89 million, netting ¥49.3 million in realized gains. The XRP position of 1.191 million tokens generated ¥260.43 million, with a modest ¥11.52 million profit. Dogecoin was the only losing trade: 2.802 million DOGE sold for ¥37.08 million versus a ¥40.34 million book value, resulting in a ¥3.26 million loss. Staking Rewards Collected Before the Exit Before the divestment, both Ethereum and Solana had been generating passive income for Remixpoint through staking. Between July 16, 2025 and August 31, 2026, the company received staking rewards denominated in yen: ETH staking rewards: ¥10.93 million SOL staking rewards: ¥18.94 million Total staking rewards from the two assets: ¥29.87 million All rewards were received in fiat yen, not in the underlying tokens. The company did not disclose whether it intends to stake its Bitcoin holdings, which are now the only digital asset left on its balance sheet. Why Bitcoin? the Strategic Shift Remixpoint stated that the portfolio change would concentrate its crypto holdings and establish Bitcoin as the main asset under its holding and operational strategy. The move effectively drops the firm’s previous multi-asset approach, which had included Ethereum, Solana, Avalanche, Dogecoin and XRP alongside Bitcoin. The company’s Bitcoin accumulation has accelerated significantly since late 2024. In November 2024, Remixpoint held 215.76 BTC, with Solana as its second-largest crypto position by value. By December 2024, after a ¥200 million purchase, its Bitcoin balance increased to 282.87 BTC. The current holdings of roughly 1,506 BTC represent a more than fivefold increase in less than a year, funded in part by the altcoin liquidation proceeds and prior purchases. The firm’s prior aggregate acquisition cost across the entire diversified portfolio was ¥4 billion. The decision to consolidate into a single Bitcoin position signals a clear bet on the world’s largest cryptocurrency as the primary store of value for corporate reserves. Market Reaction and Industry Context The news emerged as Bitcoin traded relatively flat, with no immediate price shock from the Remixpoint announcement. However, the move underscores a growing trend among publicly traded companies - particularly in Asia - to simplify their crypto treasury strategies by concentrating on Bitcoin rather than managing a basket of altcoins. MicroStrategy, now the largest corporate Bitcoin holder, has long advocated for a single-asset approach. Remixpoint’s decision to exit positions in Ethereum, Solana, XRP and Dogecoin - all of which have significant community support and use cases - highlights the company’s risk-averse stance. By selling even staked assets that were generating income, the firm prioritizes capital simplicity and liquidity over yield. Analysts note that the ¥117.77 million realized profit, while not enormous relative to the company’s overall market cap, provides a clean exit from positions that might have exposed the firm to higher volatility and regulatory uncertainty, especially in Japan where altcoin regulations remain stringent. What Remixpoint’s Bitcoin-only Portfolio Looks Like With roughly 1,506 Bitcoin now held, Remixpoint becomes one of the more significant corporate Bitcoin holders in Japan, though still far behind the likes of Metaplanet (which holds over 1,000 BTC as of late 2024). The company did not disclose the average purchase price of its Bitcoin stash, but based on the ¥4 billion aggregate acquisition cost of the former portfolio and the additional ¥878.8 million from altcoin sales, the effective cost basis for its Bitcoin holdings is likely well below current market prices. The concentration of all crypto assets into a single token will also simplify accounting, reporting, and regulatory compliance for the Japanese listed entity. What Was Remixpoint’s Previous Crypto Portfolio? Before the September 1 liquidation, Remixpoint held Bitcoin, Ethereum, Solana, Avalanche, Dogecoin and XRP. The portfolio had an aggregate acquisition cost of ¥4 billion. By December 2024, its Bitcoin balance was 282.87 BTC, with Solana as the second-largest position by value. Why Did Remixpoint Sell All Its Altcoins? The company said it reviewed market conditions, the risk and return profile of each asset, and its financial strategy. It concluded that concentrating its crypto holdings into Bitcoin would establish Bitcoin as the main asset under its holding and operational strategy. Which Altcoin Sale Was the Most Profitable? Ethereum was the most profitable, generating a realized gain of ¥60.2 million from the sale of 901.44672542 ETH. Solana contributed ¥49.3 million, XRP ¥11.52 million, while Dogecoin was sold at a ¥3.26 million loss. How Much Bitcoin Does Remixpoint Now Hold? Remixpoint currently holds roughly 1,506 Bitcoin, making it one of the larger corporate Bitcoin holders in Japan. The company previously held 282.87 BTC in December 2024 before ramping up purchases. Did Remixpoint Earn Staking Rewards from Its Altcoins? Yes. Between July 16, 2025 and August 31, 2026, Remixpoint received ¥10.93 million in staking rewards from Ethereum and ¥18.94 million from Solana, for a total of ¥29.87 million. All rewards were received in yen.