Japanese DAT company Remixpoint has radically revised its cryptocurrency strategy, completely liquidating its altcoin positions. On September 1, the firm sold its entire portfolio of second-tier digital assets: 901.45 ETH, 13,920 SOL, 1.19 million XRP, and 2.8 million DOGE. The total revenue from the transaction amounted to ¥878.8 million, with net profit reaching ¥117.8 million relative to the book value of the assets at ¥761 million—equivalent to approximately $737,000.
This move marks Remixpoint's transition to a treasury model focused exclusively on bitcoin. After the completion of the sell-off, the company's balance sheet retained about 1,506 BTC. Notably, this transition was not spontaneous: between February 24 and August 31, Remixpoint also received 14.92 BTC as fees from bitcoin lending operations, generating additional income of ¥164.2 million.
Such a step reflects a growing trend among Asian public companies toward consolidating crypto reserves around the most liquid and institutionally recognized asset. For Remixpoint, which has historically worked with energy and DAT solutions, bitcoin is becoming not just a speculative tool but a strategic reserve capable of generating returns through lending operations.
From my point of view, Remixpoint's decision is a pragmatic response to altcoin volatility and increasing regulatory pressure in Japan. Focusing on BTC reduces operational risks and simplifies corporate reporting, while simultaneously opening access to yield-generating instruments like lending. In the coming quarters, we will likely see more Asian companies following this example, especially if the price of bitcoin continues to demonstrate resilience to macroeconomic shocks.