Selling ETH and the like for a profit of 120 million, Remixpoint stuck to Bitcoin

According to Woofun AI, Japanese company Remixpoint is implementing an aggressive asset replacement strategy to clean up other mainstream cryptocurrency positions on a large scale while retaining $121 million worth of Bitcoin holdings.

This adjustment involves specific breakdowns of profits and losses in multiple currencies. According to data compiled by Woofun AI, the company sold 901.45 ETH, making a profit of 60.2 million yuan (about 377,000 US dollars); sold 13,920 SOL, making a profit of 49.3 million yuan (over $300,000); and sold 1.19 million XRP, making a profit of 11.5 million yuan (about $72,000).

However, the disposal of 2.8 million DOGE led to a loss of 3.3 million yuan (approximately $21,000), which was characterized by structural optimization as a whole.

The total proceeds from the sale reached 888.8 million yuan. Not all of it was converted into BTC holdings, but instead went to large-scale battery energy storage business expansion, balance sheet strengthening, and shareholder value increase. Notably, from February 24 to August 31, its Bitcoin holdings obtained an additional 14.92 BTC through the loan business, valued at about 164.2 million yuan, and achieved passive appreciation.

This shift in strategy reflects the company's re-examination of the position of digital assets in the balance sheet against the backdrop of weak market trends. Cryptocurrency investment teams of various companies are re-evaluating their overall strategies, shifting from simple speculation to a robust model that balances cash flow and core asset preservation.