Cryptocurrency management performance and sale of altcoins
Remixpoint,inc.
Ethereum (ETH), Solana (SOL), XRP (XRP), Dogecoin (DOGE) and Bitcoin (BTC)
Based on a comprehensive assessment of market conditions, the risk-return characteristics of each cryptocurrency and the Company's financial strategy.
Sale proceeds of ¥878,814,569 and a gain on sales of ¥117,772,649. The gain is expected to be recognized as business division revenue in the second quarter of the fiscal year ending March 2027.
Second quarter of the fiscal year ending March 2027
Bitcoin will be the Company's only cryptocurrency holding, with approximately 1,506 BTC held. The Company will consider using the sale proceeds to expand assets such as grid-scale battery storage systems, strengthen its financial base and implement other measures that contribute to improving corporate and shareholder value.
The Company will promptly disclose any matters requiring disclosure in connection with this matter.
| Item | Details |
|---|---|
| Event name | Cryptocurrency management performance and sale of altcoins |
| Date of occurrence | 1 September 2026 (the date the altcoins were sold) |
| Subject Entity | Remixpoint,inc. |
| Target Locations / Products | Ethereum (ETH), Solana (SOL), XRP (XRP), Dogecoin (DOGE) and Bitcoin (BTC) |
| Cause | Based on a comprehensive assessment of market conditions, the risk-return characteristics of each cryptocurrency and the Company's financial strategy. |
| Amount of Impact on Business Performance | Sale proceeds of ¥878,814,569 and a gain on sales of ¥117,772,649. The gain is expected to be recognized as business division revenue in the second quarter of the fiscal year ending March 2027. |
| Accounting period in which recognized | Second quarter of the fiscal year ending March 2027 |
| Outlook | Bitcoin will be the Company's only cryptocurrency holding, with approximately 1,506 BTC held. The Company will consider using the sale proceeds to expand assets such as grid-scale battery storage systems, strengthen its financial base and implement other measures that contribute to improving corporate and shareholder value. |
| Planned follow-up disclosure | The Company will promptly disclose any matters requiring disclosure in connection with this matter. |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To achieve greater focus and concentration in the cryptocurrency portfolio, clarify the investment policy and improve capital efficiency, based on a comprehensive assessment of market conditions, the risk-return characteristics of each cryptocurrency and the Company's financial strategy.