Crypto news report · source clearly identified
Remixpoint Sells Altcoins to Consolidate Treasury in Bitcoin
Japanese firm Remixpoint liquidated its entire XRP, ETH, SOL and DOGE holdings on September 1, earning a ¥117.77 million profit and shifting its crypto treasury to about 1,506 BTC.
Japanese company Remixpoint sold all of its altcoin positions in a single trading session on September 1, generating a net profit of ¥117.77 million ($598,400) and moving its entire crypto treasury into Bitcoin.
Background and previous strategy
Earlier in the year, Remixpoint built a diversified crypto portfolio that included roughly 1.2 million XRP tokens, as well as holdings of Solana (SOL) and Dogecoin (DOGE). The diversification was intended to protect capital amid a weakening yen and was projected to generate up to ¥12.44 billion ($63.21 million) in revenue.
Liquidation details
On September 1, the firm liquidated all altcoin assets in one day. The total transaction value was ¥878.81 million ($4.47 million) against a book value of ¥761.04 million ($3.87 million), resulting in the reported profit.
- Ethereum (ETH) produced the largest gain: ¥60.20 million ($305,900).
- Solana (SOL) generated ¥49.30 million ($250,500).
- Both ETH and SOL earned ¥29.87 million ($151,800) combined from staking rewards.
- XRP contributed ¥11.52 million ($58,500) profit.
- Dogecoin (DOGE) was the only loss: ¥3.25 million ($16,500).
Shift to a Bitcoin‑only treasury
After the liquidation, Remixpoint’s crypto holdings consist solely of approximately 1,506 BTC, valued at around $115 million. Management described the move as pragmatic, emphasizing Bitcoin’s ability to generate stable passive income through lending. Between February and August 2026, the firm’s Bitcoin lending program earned 14.92 BTC in interest, equivalent to ¥164.21 million ($834,300) without selling the underlying asset.
Use of proceeds
The realized profit will be directed toward Remixpoint’s core energy business, specifically to expand its fleet of industrial battery storage systems and to strengthen its overall financial position.
Source & attribution
News Source
- Publisher
- BeInCrypto
- Original date
- September 2, 2026, 3:00 PM
- Original headline
- Japan's Remixpoint Dumps XRP, ETH, SOL and DOGE to Go All-In on Bitcoin