Altcoins News
By Bruce Buterin
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Staking Income Wasn't Enough. Before the sale, Remixpoint was actually earning staking income from its Ethereum and Solana…
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A Contrarian Move in Corporate Crypto. Most corporate crypto strategies right now lean toward diversification.
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Japan-listed Remixpoint just went full Bitcoin. The company sold every altcoin it owned — ETH, SOL, XRP, DOGE — and now holds nothing but Bitcoin on its balance sheet.
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The numbers are pretty straightforward. Remixpoint exited roughly 901.45 ETH, 13,920 SOL, 1.1912 million XRP, and 2.8023 million DOGE. Total proceeds came in at approximately $5.
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Remixpoint now holds about 1,506 BTC and says it intends to build its entire crypto strategy around that single asset going forward.
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That's real money. But Remixpoint decided it wasn't enough. The company looked at those yields, weighed them against what it sees as Bitcoin's long-term potential, and chose…
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The logic isn't complicated. Staking returns are relatively predictable but capped. Bitcoin's upside, at least in the company's view, isn't.
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And the concentration risk is real. Remixpoint's financials are now basically a Bitcoin proxy. Good quarter for Bitcoin? Good quarter for Remixpoint. Bad stretch for Bitcoin?
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Most corporate crypto strategies right now lean toward diversification. Firms add Ethereum exposure, maybe some Solana, sometimes a basket of assets to spread risk.
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Related: Bitwises Solana ETF Surpasses $1 Billion in Inflows Amid Investor Caution
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The company's current Bitcoin holdings are valued at approximately $1.034 million based on recent conversion rates — a figure that will move up or down entirely with Bitcoin's…
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It's worth noting that Remixpoint is a Japan-listed company, which puts it in an interesting regulatory and accounting environment.
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What is clear: Remixpoint isn't hedging its conviction. A lot of companies talk about Bitcoin as a treasury reserve asset and then quietly keep a diversified book.
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The staking income from Ethereum and Solana — nearly $120,000 from SOL alone by end of August — wasn't trivial.
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Corporate Bitcoin adoption as a treasury strategy has picked up across multiple markets over the past few years.
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