Japan's Remixpoint Dumps XRP, ETH, SOL and DOGE to Go All-In on Bitcoin
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, The post Japan's Remixpoint Dumps XRP, ETH, SOL and DOGE to Go All-In on Bitcoin appeared first on BeInCrypto.
Key Takeaways
- 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, The post Japan's Remixpoint Dumps XRP, ETH, SOL and DOGE to Go All-In on Bitcoin appeared first on BeInCrypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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