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Remixpoint Sells Every Altcoin But Loses Money Only

Remixpoint Sells Every Altcoin But Loses Money Only

The Tokyo-listed bitcoin treasury company converted its entire ether, solana, XRP and dogecoin book into a single September 1 bitcoin-only rebalancing — and dogecoin was the one holding that came back underwater.

Japan-listed Remixpoint (TSE: 3825) liquidated its entire altcoin book — ether, solana, XRP and dogecoin — on September 1, 2026, for ¥878.8 million ($5.5 million), realizing a combined ¥117.8 million ($737,000) gain. Only dogecoin lost money, closing at a ¥3.3 million ($21,000) loss, as the company narrowed its crypto treasury to roughly 1,506 bitcoin worth about $115.3 million.

The Ledger Desk · 4 min read

Remixpoint, a Tokyo Stock Exchange-listed company (TSE: 3825), sold its entire non-bitcoin crypto portfolio on September 1, 2026, closing out positions in ether, solana, XRP and dogecoin for a combined ¥878.8 million ($5.5 million), according to the company's disclosure as reported by The Block. Three of the four sales were profitable; the fourth — dogecoin — was not. The split is a small but clean data point on which of the corporate crypto bets Remixpoint had accumulated actually held value into a bitcoin-only rebalancing, and which one didn't.

The Sale, Coin by Coin

Remixpoint sold 901.45 ETH for a ¥60.2 million ($377,000) gain, 13,920 SOL for a ¥49.3 million ($308,000) gain, and 1.19 million XRP for an ¥11.5 million ($72,000) gain, per The Block's reporting. Its 2.8 million DOGE was the outlier, sold at a ¥3.3 million ($21,000) loss. Combined, the four sales generated a net ¥117.8 million ($737,000) gain — meaning the ETH, SOL and XRP profits more than covered dogecoin's shortfall, but dogecoin alone would not have cleared its own cost basis.

Bitcoin-Only, by Design

The sale leaves Remixpoint holding roughly 1,506 bitcoin, valued at about $115.3 million, as its sole crypto treasury asset, CoinDesk and The Block reported. The company said the move was meant to "clarify its investment strategy and improve capital efficiency" while it pursues growth in battery storage and other business lines, per The Block. That reasoning tracks a broader pattern among public-company crypto holders: a diversified basket is harder to explain to a board and an auditor than a single, liquid, widely benchmarked asset.

A Yield Layer the Sale Doesn't Touch

Remixpoint's bitcoin position isn't just sitting idle — the company earned 14.92 BTC (about ¥164.2 million, or $1 million) lending out its holdings between February 24 and August 31, 2026, according to The Block. That income stream is a separate exposure from the altcoin sale and doesn't disappear because the treasury simplified: a lending program means Remixpoint carries counterparty risk to whoever borrowed the bitcoin, on top of the price risk of holding a single volatile asset outright. Consolidating the treasury concentrates risk rather than removing it.

What to Watch

Remixpoint's stock fell 5% in Tokyo trading the day the sale was reported, The Block said. For other public companies weighing a single-asset crypto treasury, the read is not that concentration was a mistake here — three of the four altcoin bets were profitable — but that a bitcoin-only book still needs the scrutiny a diversified one got: mark-to-market exposure now moves with one asset's volatility, and any yield-generating use of that asset, such as lending, is a separate risk line that a "we simplified" headline doesn't resolve.

Did Remixpoint lose money on the altcoin sale overall?
No. The four sales combined for a net ¥117.8 million ($737,000) gain; dogecoin was the only individual position sold at a loss, of ¥3.3 million ($21,000).
What does Remixpoint's crypto treasury hold now?
After the sale, Remixpoint's crypto treasury is bitcoin-only, at roughly 1,506 BTC worth about $115.3 million, according to The Block's reporting.
Why did Remixpoint sell its altcoins?
The company said the move was meant to "clarify its investment strategy and improve capital efficiency" while it focuses on growth in battery storage and other business lines, per The Block.
  1. DOGE news: Dogecoin loss stands out as Japan-listed firm exits altcoins for bitcoin — CoinDesk
  2. Japan-listed Remixpoint sells all ETH, SOL, XRP and DOGE holdings in shift to bitcoin-only crypto strategy — The Block