EconomyJapanese company sells profitable Ethereum, Solana and XRP holdings to preserve $121 million Bitcoin treasury
Japanese company Remixpoint sold all its Ethereum, Solana, XRP and Dogecoin, generating ¥878.8 million in proceeds and a net gain of about ¥117.8 million. The disposals left Bitcoin as its only crypto asset, with roughly 1,506.23 BTC worth about $121 million. The company said the proceeds would support battery-storage expansion, its balance sheet and other corporate priorities, not specifically more Bitcoin purchases.
Japanese company sells profitable Ethereum, Solana and XRP holdings to preserve $121 million Bitcoin treasury
Economy