Remixpoint Sells $5.54 Million in Altcoins to Hold Bitcoin

Japanese listed company Remixpoint has sold all of its altcoin holdings, which included approximately 901.45 ETH, 13,920 SOL, 1.1912 million XRP, and 2.8023 million DOGE. The total proceeds from the sale amounted to about $5.54 million, yielding a profit of approximately $743,300. After the transaction, Bitcoin became the only cryptocurrency asset held by Remixpoint, with approximately 1,506 BTC currently in possession. The company plans to focus on Bitcoin allocation and further business development. As of the end of August, the company earned approximately $188,100 through staking ETH and Solana.

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