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Japan's Remixpoint cleared Ethereum and XRP and fully shifted to Bitcoin reserves

2026-09-03 06:45:21
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Japanese listed company Remixpoint cleared its altcoins and fully switched to Bitcoin.

Japanese listed company Remixpoint sold all of its Ethereum, Solana, XRP and dogcoin holdings on September 1. Since then, Bitcoin has become the only cryptocurrency in the company's financial reserves.

According to information disclosed on the company's official website, the total value of assets sold this time is 878.81 million yen (approximately 4.47 million US dollars), and the book value is 761.04 million yen (approximately 3.87 million US dollars). Remixpoint achieved gains of 117.77 million yen (approximately US$598,400) through this transaction, which is expected to be included in operating income for the second quarter of the fiscal year ended March 31, 2027.

Details of profit and loss by currency

Ethereum contributed a profit of 60.203 million yen (approximately US$305,900);Solana generated a profit of 49.305 million yen (approximately US$250,500);XRP earned 11.524 million yen (approximately US$58,500). Dogecoin was the only asset to lose money, recording a loss of 3.259 million yen (approximately US$16,500).

Before the sale, the company's holdings of Ethereum and Solana received a total of 29.875 million yen (approximately US$151,800) in reward income through pledges.

Strategic adjustments: Focus on Bitcoin

Remixpoint said that after weighing market conditions, risks and returns of various assets, and the company's financial strategy, it decided to withdraw from investing in altcoin. The company said: "After comprehensively considering the market environment, the risk-return characteristics of each cryptocurrency, the company's financial strategy and other factors, it was decided to sell all the altcoins it held."

Today, the company's cryptocurrency policy will focus on Bitcoin. Remixpoint said the shift will clarify its strategic direction and improve capital efficiency. From February 24 to August 31, the Bitcoin lending business generated fee income of 14.92055902 BTC, worth approximately 164.22 million yen (approximately 834,300 US dollars).

Current Positions and Market Trends

Currently, Remixpoint holds 1501 BTC units worth approximately US$116.1 million. In recent weeks, corporate buying of bitcoin has accelerated as listed companies continue to raise funds and concentrate more of their reserves in bitcoin.

In April this year, Metaplanet increased its holdings by 5075 BTC, bringing its total holdings to 40177. In August, the Japanese company agreed to donate 2100 BTC and $2.5 million in cash to Super League Enterprises. In the same month, Zhibao Technology received 2380 BTC through a private placement worth US$154.7 million, which was completed directly in Bitcoin.

In late August, Strive purchased 1110 BTC units for US$81.5 million, and subsequently added 1800 BTC units for approximately US$143 million. At the end of August, Strategy purchased 4603 BTC units for US$369.7 million, ending its approximately two-month suspension of Bitcoin purchases.

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