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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
09/02/2026

Remixpoint Sells All Altcoins, Goes Bitcoin-Only

What happened: Japanese energy and fintech firm Remixpoint sold its entire holdings of ETH, SOL, XRP, and DOGE on September 1, 2026, netting ¥878.

Remixpoint Sells All Altcoins, Goes Bitcoin-Only

What happened: Japanese energy and fintech firm Remixpoint sold its entire holdings of ETH, SOL, XRP, and DOGE on September 1, 2026, netting ¥878.8 million (~$5.5 million) and a realized gain of ¥117.8 million (~$737,000). The company now holds only bitcoin—about 1,506 BTC valued at $115 million—making it Japan's third-largest corporate bitcoin holder. Remixpoint cited a desire to "clarify investment strategy and improve capital efficiency," and is considering redeploying proceeds into grid-scale battery storage.

Why it matters: While the altcoin sale represents a small fraction of Remixpoint's crypto exposure, the move signals a growing trend among public companies to consolidate around bitcoin as a treasury asset. The company's pivot may influence other Japanese corporates evaluating crypto allocations, though the narrative shift outweighs the actual balance sheet impact. The sale also comes amid ongoing volatility in altcoin markets and regulatory scrutiny in Japan.

Source: The Block, Cointelegraph