Japanese firm Remixpoint sold its entire altcoin portfolio in a single session on September 1, pocketing a ¥117.77 million ($598,400) profit while consolidating its crypto treasury exclusively into Bitcoin. The move marks a sharp reversal from a diversification bet the company made just months earlier. From Altcoin Diversification to a Bitcoin-Only Standard Back in June,
Remixpoint liquidates all XRP, ETH, and Solana to pocket a ¥117 million profit and pivot entirely into Bitcoin.