Japanese company Remixpoint disclosed that it sold its entire altcoin portfolio in a single transaction on September 1, involving XRP, Ethereum, Solana, and Dogecoin. After completing this transaction, the company’s cryptocurrency portfolio now consists solely of Bitcoin.
Total transaction amount: approximately JPY 879 million
According to the official report released on September 2, the total amount of this sale transaction was JPY 878.81 million. Based on the initial book value of JPY 761.04 million, the company recorded a net profit of JPY 117.77 million.
- ETH realized profit: 60.2 million JPY
- SOL generated a profit of 49.3 million JPY
- XRP generated a profit of 11.52 million JPY, while DOGE incurred a loss of 3.25 million JPY.
The company also noted that ETH and SOL generated a total of ¥29.87 million in staking rewards during the holding period.
Adjust treasury strategy after summer
In June this year, Remixpoint expanded its altcoin allocation to address financial pressures caused by the yen's depreciation. At that time, the company purchased XRP and added SOL and DOGE to its balance sheet. According to its internal estimates, cryptocurrency-related revenue was projected to reach ¥12.44 billion.
However, after reassessing market risks over the summer, management decided to adopt a “selective and concentrated” allocation strategy, exiting higher-volatility altcoins and completing all sales by September 1.
You currently hold approximately 1,506 bitcoins.
The company disclosed that the realized profits will be used for its core energy business, including scaling up industrial battery energy storage systems and strengthening its financial position.
As of now, Remixpoint’s cryptocurrency portfolio consists of only approximately 1,506 bitcoins. The company states that bitcoins can generate relatively stable passive income through its lending program. Between February and August 2026, the company earned a total of 14.92 bitcoins in interest through this program, equivalent to approximately ¥164.21 million.
Additional information: The report noted that Remixpoint previously held approximately 1.2 million XRP, and this sale signifies the company has concluded its phased allocation of various altcoins.