Market data shows remixpoint sold its Ethereum and XRP holdings on September 1, locking in ¥60.2 million of profit from the ETH position while keeping 1,506 BTC on its balance sheet. The Tokyo-listed firm disclosed the moves in a market review filing that framed the decision as a rotation toward Bitcoin rather than a de-risking event.
Per market reports, the 1,506 BTC treasury now represents roughly $122 million at CoinGecko's September 4 price of $80,876. Bitcoin has added 4.19% in the past 24 hours and sits 0.40% higher over the trailing week, with seven daily closes ranging from $77,155 to $80,959.
Figures from the desk show Ethereum climbed 4.46% to $2,505.9 but remains slightly negative on a seven-day basis at -0.30%. XRP outperformed both with a 6.18% daily gain to $1.45, though its weekly return also sits at -0.30%.
Why the treasury composition matters
Corporate bitcoin holdings have become a proxy for institutional conviction. Remixpoint's decision to consolidate around BTC while exiting altcoins mirrors a pattern seen at MicroStrategy, Semler Scientific, and Metaplanet, firms that treat bitcoin as a reserve asset and trade other tokens tactically.
The ¥60.2 million ETH profit suggests the company timed its exit near a local high; Ethereum's seven-day close series shows a peak of $2,516 on August 31 before retracing to $2,506. | Asset | Holdings | Current Price | Est.
Market data shows value | 24h Change | | --- | --- | --- | --- | --- | | BTC | 1,506 | $80,876 | $121.8M | +4.19% | | ETH | 0 | $2,505.9 | $0 | +4.46% | | XRP | 0 | $1.45 | $0 | +6.18% | The broader market backdrop supports the rotation.
Per market reports, total crypto market capitalization reached $2.74 trillion with $106.4 billion in 24-hour volume, a 0.97% daily expansion that reflects risk appetite returning after August's consolidation. Bitcoin's 59.3% dominance versus Ethereum's 11.2% reinforces the narrative that capital flows toward the largest, most liquid asset during uncertainty.
Fee market and on-chain context
Figures from the desk show Bitcoin's circulating supply of 20.08 million coins means Remixpoint's stack represents 0.0075% of all bitcoin in circulation, a meaningful but not market-moving position.
Market data shows Ethereum's 122 million circulating supply and XRP's 62.7 billion circulating tokens offer far deeper liquidity for tactical trades, which may explain why the firm felt comfortable entering and exiting those positions while building a permanent BTC allocation.
The move also highlights a divergence in corporate strategy: some Japanese firms like Metaplanet have adopted pure bitcoin treasuries, while others like Remixpoint use altcoins as trading vehicles to fund BTC accumulation. The ¥60.2 million profit from a single ETH round-trip demonstrates the latter model can work when timed correctly.
What to watch next
Remixpoint's next filing will reveal whether the 1,506 BTC figure grows. A rising treasury count alongside zero altcoin exposure would signal full conviction in the bitcoin-only thesis. Conversely, any new ETH or XRP positions would suggest the company views the current rotation as tactical rather than structural.
Per market reports, Bitcoin's ability to hold above $80,000 through the U.S. labor data this week will likely determine near-term corporate buying appetite.
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