Remixpoint | Crypto

Remixpoint sold $5.5 million in ETH, SOL, XRP and DOGE, booking a $736,000 net gain as it narrowed its crypto strategy to focus on Bitcoin. Remixpoint, one of Japan’s largest corporate Bitcoin holders, sold all its altcoins, leaving about 1,506 BTC ($115 million) as its only cryptocurrency holding as it concentrates its crypto strategy around Bitcoin. Remixpoint sold its Ether (ETH), Solana (SOL), XRP (XRP) and Dogecoin (DOGE) holdings for a combined 878.8 million yen ($5.5 million), generating a 117.8 million yen ($736,000) gain, according to a Wednesday company disclosure. The company recorded gains on its ETH, SOL and XRP sales but sold its DOGE holdings at a 3.26 million yen ($20,000) loss. The company completed the sale on Tuesday and expects to book the gain in the second quarter of the fiscal year ending March 2027. Read more

Tokyo-listed energy and fintech firm Remixpoint has raised 31.5 billion Japanese yen ($215 million) to expand its Bitcoin treasury, aiming to accumulate 3,000 BTC. Tokyo-based energy company Remixpoint raised 31.5 billion yen (around $215 million) to expand its Bitcoin treasury, according to a Wednesday announcement. Remixpoint will allocate the newly raised funds entirely to Bitcoin (BTC) acquisition, the company said in an X post. The funds were raised through Remixpoint’s 25th series of stock acquisition rights and fourth series of unsecured bonds, according to local media outlet CoinPost. This series of stock acquisition rights will create 55 million new shares, representing a 39.9% dilution. The issuance is made without any discount and is conducted at market price. Read more