Japanese corporate Bitcoin holder Remixpoint has exited its major altcoin positions, selling all of its Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) in a single day. The move leaves Bitcoin as the company's sole cryptocurrency holding, according to a disclosure filed on September 2.
The company sold the altcoins on September 1 for a combined ¥878.8 million (approximately $5.5 million) and expects to recognize a net gain of ¥117.77 million (about $737,000). The gains are anticipated to be booked in the second quarter of its fiscal year ending March 2027, Remixpoint said.
Details of the Sale
Remixpoint disposed of 901.44 ETH for ¥353.43 million, compared with a book value of ¥293.22 million, generating a profit of ¥60.2 million. Its 13,920.07 SOL was sold for ¥227.89 million against a book value of ¥178.58 million, producing a ¥49.3 million gain.
The firm received ¥260.43 million from the sale of 1.19 million XRP, resulting in an ¥11.52 million profit. Dogecoin was the only position sold at a loss: 2.8 million DOGE generated ¥37.08 million, compared with a book value of ¥40.34 million, a loss of ¥3.26 million.
Combined, the four positions had a book value of ¥761.04 million. After the sale, Remixpoint holds approximately 1,506 BTC, valued at around $115 million.
The company attributed the decision to sell to a review of market conditions, the risk-return profile of each asset, and its broader financial strategy. It said the portfolio change would concentrate its crypto holdings and establish Bitcoin as the main asset under its holding and operational strategy.
Proceeds and Staking Income
Remixpoint said it intends to use the proceeds from the altcoin sale to expand its battery storage business and strengthen its financial position. The company also reported that Ethereum and Solana had previously generated income through staking: between July 16, 2025, and August 31, 2026, it received ¥10.93 million in staking rewards from ETH and ¥18.94 million from SOL, totaling ¥29.87 million.
Bitcoin lending also contributed to the firm's income. Between February 24 and August 31, lending generated 14.92 BTC, valued at ¥164.21 million. In August alone, Remixpoint earned 2.48 BTC from lending, worth ¥31.15 million.
Broader Context
Remixpoint is described as Japan's third-largest corporate Bitcoin holder. Its CEO, Yoshihiko Takahashi, has chosen to receive his salary in Bitcoin, making Remixpoint the first publicly listed Japanese company to pay its CEO entirely in BTC, as reported by CoinGape.
The company has been actively accumulating Bitcoin. In May 2025, it approved another ¥1 billion Bitcoin purchase after committing ¥11 billion to cryptocurrency purchases and spending ¥10.5 billion of that amount.
Other Japanese firms are also expanding their digital asset holdings. Metaplanet, Japan's largest Bitcoin treasury, added 2,823 BTC during the second quarter of 2026, bringing its total to 43,000 BTC, with an average acquisition price of ¥15.3 million per BTC, according to CoinGape. Metaplanet's revenue from its Bitcoin Income Generation business fell roughly 41% quarter over quarter to ¥1.747 billion. The company also completed its ¥2.1 billion acquisition of Siiibo Securities in July and launched Metaplanet Securities.
Meanwhile, Japanese lawmakers are advancing a bill to treat Bitcoin, Ethereum, and XRP like stocks, which could cut the crypto tax toward 20%, as reported by Crypto Breaking News. Financial firm SBI Holdings is expanding XRP rails, and gaming company Gumi is adding both BTC and XRP, the same outlet noted.