Remixpoint Sells Altcoins for ¥117.8M, Shifts to Bitcoin-Only Treasury
Remixpoint has made significant changes to its crypto treasury strategy. The company has decided to sell all of its altcoin holdings, including ETH and XRP, following a market review. As a result, Remixpoint realized ¥117.8 million ($746,800) in gains from the sale of these assets.
The gain will be recognized as business-segment revenue in Q2 of fiscal 2027. This decision was made based on market conditions and the risk-return profiles of the company's assets. Remixpoint has stated that it is shifting to a Bitcoin-only treasury, signaling its focus on Bitcoin adoption and risk management.