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Japan’s Remixpoint dumps altcoins, leaves 1,506 BTC as sole crypto bet

Japan’s Remixpoint dumps altcoins, leaves 1,506 BTC as sole crypto bet

Remixpoint, one of Japan’s largest corporate Bitcoin holders, sold all its altcoins, leaving about 1,506 $BTC ($115 million) as its only cryptocurrency holding as it concentrates its crypto strategy around Bitcoin.

Remixpoint sold its Ether ($ETH), Solana ($SOL), $XRP ($XRP) and Dogecoin ($DOGE) holdings for a combined 878.8 million yen ($5.5 million), generating a 117.8 million yen ($736,000) gain, according to a Wednesday company disclosure.

The company recorded gains on its $ETH, $SOL and $XRP sales but sold its $DOGE holdings at a 3.26 million yen ($20,000) loss. The company completed the sale on Tuesday and expects to book the gain in the second quarter of the fiscal year ending March 2027.

Remixpoint ranks as Japan’s…

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