Remixpoint Dumps DOGE Amid Japan's Crypto Exodus

Remixpoint Inc., a Japan-listed company, recently sold its Ethereum (ETH), Solana (SOL), and XRP holdings for a tidy $742,000 profit.

The company's Dogecoin (DOGE) sales were the most notable, but not for the right reasons. Remixpoint booked a $21,000 loss on its DOGE trade, making it the only losing altcoin among the three.

Remixpoint exited its positions after reviewing market conditions and risk-return profiles, according to CoinDesk. The company will now focus exclusively on Bitcoin (BTC), holding roughly 1,506 BTC worth more than $115 million at Thursday's prices.

The DOGE exit is significant given its established presence in Japan, where it has traded on registered crypto exchanges since 2022.