Remixpoint Goes Bitcoin-Only After Selling All ETH, SOL, XRP and DOGE

43 minute ago 3 sources positive

Key takeaways:

  • Corporate treasury consolidation into Bitcoin signals accelerating Japanese institutional preference for BTC-only exposure.
  • Remixpoint's profitable altcoin exit suggests market timing, but Dogecoin loss highlights altcoin volatility risks.
  • With Metaplanet and Remixpoint stacking BTC, watch for more Asian firms adopting Bitcoin treasuries.

Japanese listed company Remixpoint has closed a short-lived altcoin strategy and moved its corporate treasury entirely into Bitcoin, according to a September 2, 2026 disclosure. On September 1, the company sold all of its Ethereum, Solana, XRP and Dogecoin positions in a single day for JPY 878.81 million, against a combined book value of JPY 761.04 million, recording a realized profit of JPY 117.77 million.

The disposal results were mixed across assets. Ethereum accounted for the largest sale by value: Remixpoint disposed of 901.44672542 ETH for JPY 353.43 million, a profit of JPY 60.20 million. Its 13,920.07255868 SOL position was sold for JPY 227.89 million, producing a JPY 49.30 million gain. The company generated JPY 260.43 million from selling 1.191 million XRP, a profit of JPY 11.52 million. Dogecoin was the only losing position: 2.802 million DOGE were sold for JPY 37.08 million, below the JPY 40.34 million book value, resulting in a JPY 3.26 million loss.

Before the sale, Remixpoint had also earned staking income from Ethereum and Solana. Between July 16, 2025 and August 31, 2026, the company received JPY 10.93 million in ETH staking rewards and JPY 18.94 million in SOL rewards, for a combined JPY 29.87 million.

Following the divestment, Remixpoint said its cryptocurrency holdings consist solely of approximately 1,506 BTC. The move formalizes a strategy the company has been expanding since 2024. In November 2024, Remixpoint had a diversified portfolio including Bitcoin, Ethereum, Solana, Avalanche, Dogecoin and XRP, with 215.76 BTC. By December 2024 its Bitcoin balance had increased to 282.87 BTC after another JPY 200 million purchase. In May 2025, Remixpoint approved another JPY 1 billion Bitcoin purchase, bringing its approved crypto investment to about JPY 12 billion. In July 2025, CEO Yoshihiko Takahashi opted to receive his salary entirely in Bitcoin, a first for a publicly listed Japanese company.

The company has also generated Bitcoin lending income. Its September 2 filing showed lending operations produced 14.92055902 BTC, valued at JPY 164.22 million, between February 24 and August 31, 2026. In August alone, monthly lending income reached 2.48356398 BTC, worth JPY 31.15 million.

Remixpoint said the JPY 878.81 million raised from the altcoin disposals will be considered for expanding assets in areas such as grid-scale storage batteries, strengthening its financial base, and other measures to improve corporate and shareholder value. Management described the change as a 'selection and concentration' strategy after assessing market conditions, risk-return profiles and its broader financial strategy.

The decision also reflects a broader Japanese corporate trend. Metaplanet, another publicly listed Japanese firm, held 43,000 BTC after adding 2,823 Bitcoin during the second quarter of 2026. Metaplanet reported an average acquisition price of JPY 15.3 million per Bitcoin, while its Bitcoin Income Generation business revenue fell roughly 41% quarter over quarter to JPY 1.747 billion. In July, Metaplanet completed its JPY 2.1 billion acquisition of Siiibo Securities and launched Metaplanet Securities to develop Bitcoin-backed bonds and digital credit products.

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