Japan-Listed Firm Abandons DOGE And XRP For Bitcoin

Remixpoint, a publicly listed Japanese firm, has exited all of its altcoin positions after reassessing market conditions and the risk-return profiles of its holdings, leaving $BTC as its sole cryptocurrency asset.

The company sold its entire Dogecoin ($DOGE), XRP, Ether ($ETH) and Solana ($SOL) holdings on September 1, generating combined proceeds of approximately ¥878.8 million ($5.5 million) and a net gain of around ¥117.8 million ($736,000), according to a company disclosure published on September 2.

DOGE the Only Loser

Of the four altcoins sold, $DOGE was the only position that closed at a loss. Remixpoint sold 2.8 million Dogecoin for approximately $234,000, roughly $21,000 below the asset's book value at the start of the current fiscal year. XRP, $ETH and $SOL, by contrast, all generated net gains. The company also reported ¥29.87 million in staking rewards from its ETH and SOL positions during the same period.

The company expects to book the gain in the second quarter of its fiscal year ending March 2027. The proceeds will not be immediately redeployed into Bitcoin. Instead, Remixpoint said the funds will primarily support its energy business, including the expansion of its industrial battery storage fleet.

Bitcoin-Only Treasury

Following the sales, Remixpoint holds approximately 1,506 BTC, valued at around $115 million. That makes it the third-largest publicly listed Bitcoin holder in Japan, behind Metaplanet and Nexon.

The move formalises what management described as a "selection and concentration" strategy. After an earlier phase that saw the company accumulate altcoins, partly as a hedge against a weakening yen, leadership decided over the summer to narrow the portfolio to a single asset class. The company has been building its Bitcoin position incrementally since 2025, and its treasury is already generating passive income: Remixpoint reported 14.92 BTC in lending fees between February and August 2026, worth approximately ¥164.22 million.

The pivot follows a broader pattern among corporate treasuries in Japan and beyond, where firms are increasingly treating $BTC as a long-term reserve asset in preference to a diversified basket of digital tokens.

Sources:
CoinTelegraph: Remixpoint Sells $5.5M in Altcoins to Focus on Bitcoin
Crypto Briefing: Remixpoint dumps all altcoin holdings for $5.5M, goes full Bitcoin
U.Today: Japan's Remixpoint Dumps Millions in XRP and Altcoins to Go All-In on Bitcoin