Goodbye to altcoins, all-in on Bitcoin for this Japanese company

Share

Japanese listed company Remixpoint sold all of its positions in Ether, Solana, XRP and Dogecoin on September 1 for a total of approximately $5.5 million. The operation generated a net gain of approximately $737,000, with only one losing position: Dogecoin, which recorded a loss of approximately $21,000 compared to its opening book value. The Japanese company now ranks 38th worldwide among publicly traded companies holding Bitcoin, with approximately 1,506 BTC representing approximately $115 million at current prices. It plans to use part of the sale proceeds to finance energy storage projects at the network level and strengthen its financial structure.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles