- 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.
