Remixpoint Dumps ETH, SOL, XRP and DOGE to Go Bitcoin-Only

Tokyo-listed Remixpoint has sold all of its ETH, SOL, XRP and DOGE holdings, leaving Bitcoin as the only cryptocurrency on its balance sheet.

The company said it completed the sales on September 1, raising about ¥878.8 million and realizing a gain of roughly ¥117.8 million.

In its official disclosure, Remixpoint said it decided to concentrate its crypto portfolio after reviewing market conditions, the risk-return profile of each asset and its broader financial strategy.

The move leaves the company holding about 1,506 BTC.

Sale proceeds may go beyond crypto

Remixpoint has not said the money raised from the altcoin sales will be used to buy more Bitcoin.

Instead, the company said it may deploy the proceeds across other parts of its business, including grid-scale battery storage, balance-sheet strengthening and other corporate initiatives.

That makes the shift different from a straightforward Bitcoin accumulation strategy. Remixpoint is narrowing its crypto exposure to BTC while keeping the cash generated from its altcoin exit available for wider business use.

The company has also been earning income from its digital assets. Bitcoin lending generated 14.92 BTC in fees between late February and the end of August, while its former ETH and SOL positions produced additional staking rewards before they were sold.

Remixpoint’s move comes as Japanese public companies continue to expand or restructure their Bitcoin strategies. Metaplanet, for example, recently committed 2,100 BTC to a planned U.S. treasury subsidiary.

Remixpoint expects the altcoin sales to contribute around ¥117 million in segment revenue for the second quarter of its fiscal year ending March 2027.