PI Global Investments
Bitcoin

Remixpoint Sells ETH, SOL, XRP, DOGE, Moves to Bitcoin-Only Strategy | Bitcoin Market


  • Remixpoint sells all altcoins for ¥878.8M, leaving Bitcoin as its only crypto holding.
  • ETH, SOL and XRP sales made profits, while DOGE was the only losing trade.
  • The move adds to Japan’s growing trend of companies adopting Bitcoin treasury strategies.

Japanese listed company Remixpoint has moved to a Bitcoin-only crypto strategy after selling all its Ethereum (ETH), Solana (SOL), XRP and Dogecoin (DOGE) holdings for ¥878.8 million. The sale leaves Remixpoint with about 1,506 BTC as its only cryptocurrency holding. 

Remixpoint Sells All Four Altcoins

Remixpoint sold 901.45 ETH for ¥353.43 million, making a realized profit of ¥60.2 million. It sold 13,920.07 SOL for ¥227.89 million, recording a ¥49.3 million gain. The company also sold about 1.19 million XRP for ¥260.43 million, generating a ¥11.52 million profit.

Dogecoin was the only losing trade. R…

Read The Full Article Remixpoint Sells ETH, SOL, XRP, DOGE, Moves to Bitcoin-Only Strategy  On Coin Edition.



Source link

Related posts

Bitcoin Cash Price Prediction: BCH Surges 17% as August Gains Top 25%

D.William

Bitcoin ETFs Record $277M Outflows, Ethereum ETFs Also See $103M Exit on May 7

D.William

Two Prime launches $10M-backed Bitcoin yield vault

D.William

Leave a Comment