This Japanese company made money on Ethereum, Solana, and XRP, but sold them anyway to keep its $121 million Bitcoin holdings

Remixpoint sold all of its Ethereum, Solana, XRP, and Dogecoin holdings, leaving Bitcoin as its only cryptocurrency asset.

The Japanese company generated ¥878.8 million, or about $5.5 million, from the Sept. 1 sales and booked a net gain of about ¥117.8 million, or roughly $737,000, according to a regulatory filing.

Remixpoint sold 901.45 ETH, 13,920 SOL, 1.19 million XRP, and 2.8 million DOGE. Ethereum generated the largest realized gain at ¥60.2 million, or about $377,000, followed by Solana at ¥49.3 million, or more than $300,000, and XRP at ¥11.5 million, or about $72,000. Dogecoin produced a ¥3.3 million loss, or roughly $21,000.

The disposals leave Remixpoint with a Bitcoin-only digital-asset treasury. Its live treasury page showed about 1,506.23 BTC as of Sept. 3, worth roughly $121 million at current prices.

Bitcoin Treasuries data shows the company has added about 90 BTC to its holdings this year. Remixpoint was also among the earlier Japanese listed companies to adopt a Bitcoin treasury strategy after Metaplanet helped establish the model domestically.

The continued accumulation makes Bitcoin more than the residual asset left after the altcoin sales. Remixpoint has been increasing its BTC position even as it moved to eliminate exposure to other major cryptocurrencies.

The company did not say the ¥878.8 million raised from the sales would be used to buy more Bitcoin.

Instead, it left the proceeds available for several corporate priorities, including expansion into grid-scale battery storage, strengthening its balance sheet and other measures aimed at increasing shareholder value.

Remixpoint said it considered market conditions, the risk-return profile of each asset and its broader financial strategy before deciding to concentrate its remaining crypto exposure in Bitcoin.

The sale came after the company had also generated income from some of the assets it exited. Remixpoint reported ¥29.9 million in yen-denominated staking rewards from Ethereum and Solana between July 2025 and Aug. 31, 2026.

Separately, its Bitcoin holdings generated 14.92 BTC in lending fees between Feb. 24 and Aug. 31, valued at about ¥164.2 million using month-end prices.

Remixpoint’s pivot also reflects a broader reassessment among corporate crypto treasuries navigating weaker markets and increasing pressure to justify how digital assets fit into their balance sheets.