Japan’s Remixpoint sells all ETH, SOL, XRP and DOGE holdings

Japan-listed Bitcoin buyer Remixpoint announced on Sept. 2 it sold all of its holdings in four altcoins, Ethereum, Solana, XRP and Dogecoin, yesterday. The total sale value came to 878.8 million yen ($6.0 million). Remixpoint posted gains of 60.2 million yen ($409,000) on ETH, 49.3 million yen ($335,000) on SOL and 11.5 million yen ($78,000) on XRP, while DOGE was the only asset to generate a loss, at 3.3 million yen ($22,000). The company said the sale reflected a comprehensive review of market conditions, the risk-return characteristics of each virtual asset and its financial strategy, and added it plans to focus future holdings and operations on Bitcoin. As of Sept. 2, Remixpoint held 1,506 BTC.