Advertise
XRP Dumped As Remixpoint Goes All-In On Bitcoin
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
Japanese listed company Remixpoint offloaded its entire altcoin portfolio on September 1, selling roughly 901.45 ETH, 13,920 SOL, 1.19 million XRP, and 2.8 million DOGE for a combined ¥879 million. The sale netted the firm about ¥118 million in profit. Bitcoin now stands as Remixpoint’s only crypto holding, with the company sitting on approximately 1,506 BTC. Remixpoint, Japan’s second-largest digital asset treasury company behind Metaplanet, said the move consolidates its holdings around a single-asset strategy going forward, shifting fully to a Bitcoin-focused approach for its crypto operations.
Was this writing helpful?
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
