Remixpoint Crypto Portfolio Swings to $15.4M Gain Amid Market Rally
Japanese company Remixpoint has seen a significant shift in its crypto portfolio, moving from an unrealised loss of ¥1.945 billion to a gain of ¥2.631 billion as of August 24th.
The $15.4 million gain marks a sharp reversal from the end of June and reflects the recent rise in cryptocurrency prices.
Remixpoint's portfolio includes Bitcoin, Ethereum, Solana, XRP, and Dogecoin, with holdings totaling 1,503 BTC, 901 ETH, 13,920 SOL, 1,191,204 XRP, and 2,802,311 DOGE.
The company has not disclosed the cost basis for each individual cryptocurrency holding, meaning the gains remain unrealised until Remixpoint sells its holdings.