Corporate Bitcoin buyers surge in unison as Remixpoint liquidates altcoins and Strive adds 1,800 BTC

  • Remixpoint liquidated its entire altcoin portfolio for Bitcoin.
  • Strive added nearly 1,800 BTC to reach 23,156 holdings.
  • Capital B raised €7.6 million from Adam Back for up to 376 more Bitcoin.

Several Bitcoin treasury companies increased their Bitcoin holdings this week as part of a broader corporate treasury trend. In Japan, Remixpoint sold its entire altcoin holdings consisting of 901.45 Ether, 13,920 Solana, 1.19 million XRP and 2.8 million Dogecoin for a combined ¥878.8 million, or roughly $5.5 million, booking a net gain of about ¥117.8 million or $737,000 despite a ¥3.3 million loss on Dogecoin. After the transaction, Remixpoint holds approximately 1,506 BTC, worth about $115.3 million. It has also been lending its Bitcoin, earning 14.92 BTC in fees between February 24 and August 31, valued at about $1 million. Shares in Tokyo closed down 5% on the day. In France, Capital B, which bills itself as Europe's first bitcoin treasury company and ranks 26th among 198 public companies tracked by Bitcoin Treasuries, raised €7.6 million ($8.8 million) in a private placement fully taken up by Blockstream CEO Adam Back at €0.58 per share, a 15.4% premium to the Sept. 1 close. Net proceeds are expected near €7.3 million after fees, with closing as early as Sept. 3. Together with ongoing operations, the capital could fund up to 376 additional bitcoin, lifting holdings from 3,145 BTC to 3,521 BTC. The existing stack was acquired at an average €90,352 (about $104,682) per coin and was valued at roughly €214 million ($248 million). Each of the 13.18 million new shares carries four five-year warrants; full exercise of the 52.7 million warrants could bring in a further €49.4 million, while Back's ordinary stake rises to 17.77% and could reach 27.8% if converted. The deal sits inside a broader €21 million financing with TOBAM; if every warrant across that package is exercised, total potential gross proceeds reach about €156.8 million. A 10-for-1 share consolidation is scheduled for Sept. 8, and the firm has also explored a European digital credit instrument modeled on products such as Strategy's STRC. In the UK, the Smarter Web Company added 35 BTC to reach 2,747 BTC and rank 29th among listed holders. Singapore's Genius Group is earmarking $827 million from a $1.2 billion capital plan for Bitcoin purchases restarting in the fourth quarter of 2026 after previously selling its entire holding to repay $8.5 million in debt, and has also described plans to build parallel AI and bitcoin treasuries worth a combined $1.6 billion. In the US, asset manager Strive added roughly 1,800 BTC to reach 23,156 BTC, overtaking Bullish for the fifth spot among public corporate holders despite a $257.6 million quarterly loss. The bitcoin treasury model has faced pressure after earlier price weakness, with a number of companies liquidating holdings, including Strategy. Bitcoin traded near $77,000 in the period, while Capital B's Paris-listed shares were around 48.5 euro cents, down 2.1%.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.