Remixpoint Sells 2.8M Dogecoin (DOGE) at $21,000 Loss in Bitcoin Pivot

Remixpoint Exits DOGE at a Loss

Japan-listed Remixpoint closed out its altcoin book on Sept. 1 with a profit — except on Dogecoin (DOGE), the one position that lost money. Per the company's investor-relations disclosure, Remixpoint sold 2.8 million DOGE for roughly $234,000, about $21,000 below the value the token carried on its books when the current fiscal year opened. The same-day disposals of ether, solana and XRP, by contrast, generated gains of $379,000, $311,000 and approximately $72,000 respectively, leaving the Japanese firm with a net gain of about $742,000 across the four positions. Management said the sale of the largest memecoin and its three peers followed a review of market conditions and each asset's risk-return profile, and that the company will now concentrate its cryptocurrency holdings in bitcoin. Remixpoint retains roughly 1,506 BTC — worth more than $115 million at recent prices — as its only remaining digital asset. Notably, the loss is measured against fiscal-year opening book value rather than original purchase cost. The decision to cut DOGE stands out in a market where the token carries unusual Japanese pedigree: it has traded on registered domestic exchanges since 2022, and the Japan Virtual and Crypto Assets Exchange Association, the industry's self-regulatory body, began publishing an official DOGE/JPY reference price this year alongside bitcoin, ether, XRP and solana. The exit also echoes a broader unwind of corporate altcoin treasuries, after CleanCore liquidated 463 million DOGE to fund AI data centers.

Buyers Defend the $0.080-$0.082 Zone

On the chart, the treasury sale lands while Dogecoin market coverage is focused on a make-or-break support test. After rallying from roughly $0.070 in late August and peaking near $0.095, DOGE ran into firm rejection at the 200-day EMA around $0.0945 — a signal the broader trend has not fully flipped in buyers' favor, as we flagged when DOGE lost the 100-day EMA at $0.0816. Price has since settled into the $0.080-$0.082 band, where the 100-day EMA near $0.0816 and a short-term moving average around $0.0806 converge into a dense support cluster; the most recent candles show buyers actively defending it. The RSI, which had pushed into overbought territory during the rally, has cooled to about 55 — enough to drain speculative excess without flipping the structure into a bear market condition. If $0.080 holds, the first recovery objectives sit at $0.086 and $0.090, followed by another attempt at the $0.094-$0.095 supply zone. A daily close below $0.080, however, would expose the 50-day EMA near $0.075 and put $0.070 back in play. Live pricing on the DOGE/USDT chart keeps the token pinned inside that decision zone, and readers weighing an entry can consult our guide on how to buy Dogecoin. Readers tracking the market in real time can follow live spot and futures prices on Bybit.

$0.0822 Support in Focus

Follow-up details from the company's Sept. 2 filing fill out the arithmetic of the exit: Remixpoint sold 901.4467 ETH for ¥353.42 million (a ¥60.20 million gain), 13,920 SOL for ¥227.88 million (up ¥49.30 million) and 1.19 million XRP for ¥260.42 million (up ¥11.52 million), with the DOGE tranche closing at a ¥3.25 million loss on proceeds of ¥37.07 million. Gross proceeds across the four sales totaled ¥878.81 million against a book value of ¥761.04 million, for a realized profit of ¥117.77 million. The filing also discloses ¥29.87 million in staking income earned from ETH and SOL before the sale, and 14.92055902 BTC in lending fees between Feb. 24 and Aug. 31, valued at ¥164.21 million. Management said the proceeds may be directed toward grid-scale energy storage and other growth investments.

(as of 09:08 UTC) COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $76,411.63 support at 84/100 (STRONG), driven by the confluence of S1, the 0.214 Fibonacci retracement and a bullish engulfing pattern — BTC changes hands at $77,850.00, up 1.05% in 24 hours, comfortably above that floor. Overhead, the engine scores the $81,478.87 resistance at 78/100 (Fibo 0.000, Donchian Upper band, swing high), with a secondary shelf at $78,284.02 rated 67/100 (flip S→R, LVN, HVN). Momentum is mixed — RSI at 66.44 and a bearish MACD in a sideways trend. Perpetual futures positioning skews crowded-long: funding at 0.0062%, open interest of $15.6 billion and a long/short account ratio of 1.24 (55.4% long), while the Fear & Greed Index reads 65 (Greed). The bullish case requires holding $76,411.63 and rotating toward $81,478.87; a break below it invalidates that thesis and targets the $73,909.36 support, scored 71/100.