Remixpoint, a company listed on the Tokyo Stock Exchange, sold all its positions in Ethereum, Solana, XRP and Dogecoin for total proceeds of 878.8 million yen, approximately 5.5 million dollars as of September 1. The net gain reached 117.7 million yen, about 736,000 dollars, with Dogecoin being the only losing position at 20,000 dollars in losses. The company now holds approximately 1,506 BTC, ranking 38th among publicly traded companies worldwide holding Bitcoin. Bitcoin lending generated over one million dollars in revenue over six months, exceeding the total gain from the four altcoin sales. This concentration on a single asset follows a clear financial logic: an income stream through lending and simplified accounting management.
Source: Read the original article
