Rmix Point Sells Altcoins for ¥118 Million Profit
Rmix Point, a Tokyo Stock Exchange-listed company, has announced that it has sold all of its altcoins, resulting in a profit of approximately ¥118 million.
The company made the sale on September 1st, citing market conditions, risk-return characteristics of each asset, and their financial strategy as reasons for the decision.
Rmix Point sold Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) in the sale, with a total value of ¥887 million. The company reported profits of ¥60 million on ETH, ¥49 million on SOL, ¥11.5 million on XRP, and a loss of ¥32.6 million on DOGE.
The company plans to recognize the profit as income in their second quarter fiscal 2027 financials and is considering using the funds for asset expansion or strengthening its financial base.