Corporate bitcoin stockpiling is picking up pace again. Companies in Japan, France, Britain and Singapore moved this week to expand their bitcoin holdings, and some sold even their altcoin positions as they shifted to bitcoin-focused strategies. Blockchain outlet Cryptopolitan reported the developments on Sept. 2.
The most notable move came from Remixpoint, a company listed on the Tokyo Stock Exchange. Remixpoint, which operates energy and technology businesses, said in a regulatory filing on Sept. 2 that it sold all altcoins it held the previous day and will hold only bitcoin going forward. The company sold 901.45 ether, 13,920 solana, 1.19 million XRP and 2.8 million dogecoin on Sept. 1. Proceeds totalled 878.8 million yen.
Remixpoint posted a disposal gain of 117.8 million yen versus a book value of about 761.0 million yen. It recorded a 3.3 million yen loss on dogecoin, while making gains on the rest. The company said it reviewed market conditions, the risk characteristics of each asset and its financial strategy in deciding to slim its portfolio. Its remaining holdings stand at about 1,506 BTC, valued at about $115.3 million.
Remixpoint also earned income by lending out its bitcoin holdings. It earned 14.92 BTC in fees from Feb. 24 to Aug. 31, which the company valued at about 164.2 million yen. Its shares closed down 5 percent in Tokyo on the day.
In France, bitcoin treasury company Capital B moved to raise funds. Capital B, previously known as The Blockchain Group, confirmed a 7.6 million euro private placement on Sept. 2, fully subscribed by Adam Back (애덤 백), the Blockstream CEO and an early bitcoin developer. Back bought 13.18 million shares at 0.58 euro each, a 15.4 percent premium to the previous close.
Capital B said it plans to use most of the funds raised to buy additional bitcoin. The company estimated that combining the new funds with existing operating resources would allow it to secure about 376 more BTC. That would lift holdings from 3,145 BTC as of mid-August to 3,521 BTC. Each share also carries four warrants, and a full exercise could raise an additional 49.4 million euros.
A change in the shareholder structure will also follow. Back's stake in common shares will rise to 17.77 percent after the issuance, and could increase to 27.8 percent if all warrants are converted into shares. Capital B's fund-raising has increased the possibility of governance changes alongside expanded bitcoin purchases.
In Britain, Smarter Web Company bought an additional 35 bitcoin. Its holdings rose to 2,747 BTC, and its ranking among listed companies by holdings climbed to 29th. The Bristol-based web services company has continued small, staggered purchases since 2020 rather than large one-off buys.
Singapore's Genius Group is preparing a larger re-entry. Genius Group allocated $827 million to bitcoin as part of a five-year $1.2 billion capital plan unveiled on Aug. 27. The company plans to resume bitcoin purchases from the fourth quarter of 2026.
Genius Group sold all its remaining bitcoin earlier this year to repay $8.5 million in debt, leaving its balance sheet holdings at zero. Initial funds raised through preferred share issuance totalled only $12.5 million, meaning it needs additional funding before any large-scale purchases.
Large holders continued to build bitcoin positions as well. Dallas-based asset manager Strive added about 1,800 BTC over the past week to bring its total holdings to 23,156 BTC. It posted a quarterly loss of $257.6 million but climbed to fifth among listed companies by bitcoin holdings, overtaking Bullish.
These recent corporate moves go beyond simple new purchases. Cases are emerging in which companies eliminate altcoin exposure and switch to a bitcoin-only strategy, as Remixpoint did, and more companies are pulling in external funding to increase bitcoin holdings, as Capital B did. That is expected to make bitcoin's role in corporate financial strategy, and the funding structures that support it, key points to watch.