Top Japanese Firm Dumps 1.19M XRP to Go All-In on Bitcoin

Japanese company Remixpoint has sold all of its altcoins, including more than 1.19 million XRP, as it shifts to a Bitcoin-only strategy.

In a new release, the company said on September 2 that it sold its altcoins on September 1. Specifically, it sold 901.45 ETH, 13,920 SOL, 1.19 million XRP, and 2.80 million DOGE for a total of ¥878.8 million. The sales made a profit of ¥117.8 million.

The move leaves Bitcoin as Remixpoint’s only remaining crypto asset, with the company holding approximately 1,506 BTC.

Remixpoint Makes Profit on XRP Sale

Notably, Remixpoint sold about 1.19 million XRP for ¥260.43 million. Since the XRP had cost the company ¥248.90 million, it made a profit of ¥11.52 million.

Meanwhile, Ethereum brought in the biggest profit at ¥60.20 million, followed by Solana at ¥49.30 million. DOGE was the only cryptocurrency sold at a loss, costing the company ¥3.26 million.

Overall, Remixpoint made a total profit of ¥117.77 million from selling its altcoins. The company said it made the decision based on market conditions, risk, and its financial strategy. It now wants to focus its crypto holdings on Bitcoin to make its investment strategy simpler and use its capital more efficiently.

Bitcoin Becomes Remixpoint’s Sole Crypto Asset

After the transactions, Remixpoint’s cryptocurrency portfolio now consists exclusively of Bitcoin, with approximately 1,506 BTC, worth over $117 million today. This is a big change from its previous strategy, which included Bitcoin, XRP, Solana, and other cryptocurrencies.

The company had also earned extra income from its crypto holdings. Between February 24 and August 31, Remixpoint earned 14.92 BTC from lending its Bitcoin, worth about ¥164.2 million.

It also earned nearly ¥29.9 million in staking rewards from ETH and SOL between July 2025 and August 2026, before selling those assets.

Sale Could Fund Energy Investments

Remixpoint said it may use the money from the altcoin sales to invest in growth areas, including large-scale battery storage. The company also plans to strengthen its finances and take steps to increase value for the company and its shareholders.

This suggests the sale was part of a larger financial strategy, not just a decision to exit the crypto market. Remixpoint is choosing to focus on Bitcoin instead of holding a mix of cryptocurrencies.

For XRP, the sale means one major corporate holder has now left the market. Remixpoint sold its XRP for more than it had originally paid, making a ¥11.52 million profit.