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Remixpoint Sells ETH, SOL, XRP, DOGE, Moves to Bitcoin-Only Strategy 


Remixpoint Sells ETH, SOL, XRP, DOGE, Moves to Bitcoin-Only Strategy 

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Japanese listed company Remixpoint sold all ETH, SOL, XRP and DOGE holdings for ¥878.8 million and now holds about 1,506 BTC as its only cryptocurrency. Sales included 901.45 ETH for ¥353.43M (¥60.2M profit), 13,920.07 SOL for ¥227.89M (¥49.3M profit) and ~1.19M XRP for ¥260.43M (¥11.52M profit) while DOGE was the lone loss, and the move reinforces a growing corporate Bitcoin treasury and crypto adoption trend in Japan.

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  • Remixpoint sells all altcoins for ¥878.8M, leaving Bitcoin as its only crypto holding.
  • ETH, SOL and XRP sales made profits, while DOGE was the only losing trade.
  • The move adds to Japan’s growing trend of companies adopting Bitcoin treasury strategies.

Japanese listed company Remixpoint has moved to a Bitcoin-only crypto strategy after selling all its Ethereum (ETH), Solana (SOL), XRP and Dogecoin (DOGE) holdings for ¥878.8 million. The sale leaves Remixpoint with about 1,506 BTC as its only cryptocurrency holding. 

Remixpoint Sells All Four Altcoins

Remixpoint sold 901.45 ETH for ¥353.43 million, making a realized profit of ¥60.2 million. It sold 13,920.07 SOL for ¥227.89 million, recording a ¥49.3 million gain. The company also sold about 1.19 million XRP for ¥260.43 million, generating a ¥11.52 million profit.

Dogecoin was the only losing trade. R…

Read The Full Article Remixpoint Sells ETH, SOL, XRP, DOGE, Moves to Bitcoin-Only Strategy  On Coin Edition.

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Coins

$ 77.00K

-0.64%

$ 2.37K

-2.38%

$ 1.33

-2.70%

$ 0.081

-1.42%

$ 98.29

-2.51%

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In This News

Coins

$ 77.00K

-0.64%

$ 2.37K

-2.38%

$ 1.33

-2.70%

$ 0.081

-1.42%

$ 98.29

-2.51%

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View analytics →
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