Japanese company Remixpoint realized profits on positions in ether, solana, and XRP, but sold Dogecoin below its value at the opening of the fiscal year, CoinDesk reports. Simultaneously, the company concentrated its crypto assets on bitcoin.

Thus, Dogecoin became the only asset among those listed for which Remixpoint recorded a loss upon sale. The source does not provide the transaction volume or the financial result in monetary terms.

The event is significant as an example of a public company reallocating its crypto holdings in favor of bitcoin. However, the available material is based solely on a brief CoinDesk synopsis, so the reasons for the decision and its impact on Remixpoint's balance sheet remain unclear.