Japanese listed companies keep only one Bitcoin, yet somehow stumble on DOGE
Remixpoint, an energy and digital-asset company listed in Tokyo, cleared out its entire bag of counterfeit coins on September 1—selling ETH, SOL, XRP, and DOGE all together, leaving just 1,506 BTC as its only holding. It exited profitably on the first three, but it sold DOGE at a loss of about ¥32,600 (about $21,000). The selling price was lower than its fiscal-year opening price. This company is very “Bitcoin-oriented”: if it believes in one, it goes all-in on that one, and cuts everything else.
#Remixpoint
But the market simply won’t follow the script. The DOGE it dumped as a “loser” has, today, turned into one of the most aggressive mainstream coins—up nearly 10% over the past 24 hours to $0.089, with trading volume surging to $92 million. By comparison, the BTC it held in full is up 5.8% ($81,616), and even XRP—whose sale it profited from—is also up 9.5% today. One side is the institutional holdings list, the other is the real-money trading on the board—two sets of logic pointing in completely different directions.
#DOGE
Here’s a question worth thinking about: if institutions sell, does that automatically mean it’s bad? Judging by trading volume, DOGE’s $92 million today has already surpassed the total market activity of many so-called “hot” small-cap coins on the leaderboard. In the short term, positions and market popularity are often two different things—one computer’s holdings don’t determine the sticker-and-meme culture on tens of thousands of people’s screens.
Some stake everything on Bitcoin, while others watch the little dog that got cleared out—yet it jumps the highest. Pumping can create candlesticks, but only when people gather together can they write history. With some things 🐶, the bet is on that next group of real workers who are actually making it happen. The real story is only just getting started.
🐶 Let’s take a look at the dogecoin father’s little dog ✨🚀
#馬斯克愛小狗 #我愛小狗 #小狗
Remixpoint, an energy and digital-asset company listed in Tokyo, cleared out its entire bag of counterfeit coins on September 1—selling ETH, SOL, XRP, and DOGE all together, leaving just 1,506 BTC as its only holding. It exited profitably on the first three, but it sold DOGE at a loss of about ¥32,600 (about $21,000). The selling price was lower than its fiscal-year opening price. This company is very “Bitcoin-oriented”: if it believes in one, it goes all-in on that one, and cuts everything else.
#Remixpoint
But the market simply won’t follow the script. The DOGE it dumped as a “loser” has, today, turned into one of the most aggressive mainstream coins—up nearly 10% over the past 24 hours to $0.089, with trading volume surging to $92 million. By comparison, the BTC it held in full is up 5.8% ($81,616), and even XRP—whose sale it profited from—is also up 9.5% today. One side is the institutional holdings list, the other is the real-money trading on the board—two sets of logic pointing in completely different directions.
#DOGE
Here’s a question worth thinking about: if institutions sell, does that automatically mean it’s bad? Judging by trading volume, DOGE’s $92 million today has already surpassed the total market activity of many so-called “hot” small-cap coins on the leaderboard. In the short term, positions and market popularity are often two different things—one computer’s holdings don’t determine the sticker-and-meme culture on tens of thousands of people’s screens.
Some stake everything on Bitcoin, while others watch the little dog that got cleared out—yet it jumps the highest. Pumping can create candlesticks, but only when people gather together can they write history. With some things 🐶, the bet is on that next group of real workers who are actually making it happen. The real story is only just getting started.
🐶 Let’s take a look at the dogecoin father’s little dog ✨🚀
#馬斯克愛小狗 #我愛小狗 #小狗
