Japanese-listed company Remixpoint has fully exited its altcoin positions, a move tied to a drive to make its portfolio more selective and concentrated. The firm said future holdings and business operations will center on Bitcoin alone. In a disclosure reported by ChainCatcher, Remixpoint said it sold all of its non-Bitcoin tokens. The assets disposed of include 901 ETH, 13,920 SOL, 1.19 million XRP and 2.8 million DOGE. Combined proceeds from those sales came to around $5.5 million, producing a total gain of roughly $736,800 for the company. The company’s balance sheet as of the end of August showed about 14.92 BTC, valued at about $1.0258 million. It also held staked ETH worth around $68,400 and staked SOL worth about $118,500. No Bitcoin was included in the liquidation. Remixpoint, which is listed in Japan, confirmed it will concentrate its remaining holdings and operations on Bitcoin as a single asset, framing the shift as part of a broader effort to sharpen its investment focus.
Japanese-listed Remixpoint has shed every altcoin on its books, refocusing its crypto holdings and operations on Bitcoin only, according to a disclosure carried by ChainCatcher.
The firm sold 901 ETH, 13,920 SOL, 1.19 million XRP and 2.8 million DOGE. Proceeds from the liquidation totaled roughly $5.5 million, with a total realized gain of about $736,800.
Data for the end of August showed Remixpoint holding about 14.92 BTC, worth around $1.0258 million. The same snapshot listed staked ETH at about $68,400 and staked SOL at about $118,500. Remixpoint described the asset sales as part of its effort to select and concentrate the portfolio, with future treasury and operations now set to center on Bitcoin as a single asset.
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