Bitcoin accumulation accelerates as treasury firms expand holdings
Key Takeaways
- •Remixpoint sold Ether, Solana, XRP, and Dogecoin and said it will hold only Bitcoin going forward.
- •Capital B completed a €7.6 million private placement fully subscribed by Blockstream CEO Adam Back to support more Bitcoin purchases.
- •The Smarter Web Company added 35 BTC, bringing its total treasury to 2,747 BTC.
- •Genius Group unveiled a five-year capital plan that reserves $827 million for Bitcoin purchases starting in the fourth quarter of 2026.
- •Strive added about 1,800 BTC in the latest week and reached 23,156 BTC, moving ahead of Bullish among public corporate holders.

Corporate Bitcoin buyers moved in unison this week, with firms across Japan, France, and the UK adding more Bitcoin. The updates also show how treasury strategies are evolving: some firms are narrowing away from altcoins, while others are using fresh equity raises or existing operations to build larger Bitcoin positions over time.
Bitcoin is currently trading at around $76,990.
Remixpoint, a diversified energy and technology company listed on the Tokyo Stock Exchange, appeared to lead the move in Japan after telling regulators on Wednesday, September 2, that it had liquidated its entire altcoin portfolio the previous day and would hold only Bitcoin going forward.
Remixpoint clears out everything but Bitcoin
Remixpoint said it sold 901.45 Ether (ETH), 13,920 Solana (SOL), 1.19 million XRP, and 2.8 million Dogecoin (DOGE) on September 1. The combined proceeds were about ¥878.8 million, or roughly $5.5 million. Against a book value of about ¥761 million, the sales generated a gain of approximately ¥117.8 million, or around $737,000.
Not every position was profitable for the company, however. Its filing showed a ¥3.3 million loss on Dogecoin, while the other three assets were sold at a profit.
Remixpoint said it considered market conditions, each asset’s risk profile, and its own financial strategy before deciding to narrow its portfolio.
What remains is approximately 1,506 BTC, worth about $115.3 million, according to the company.
On BitcoinTreasuries.net, Remixpoint’s Bitcoin holdings still show 1,501 BTC, as the latest available data there dates to August 19. Even with the small increase since then, the company would still rank as the 38th-largest public corporate holder, behind BitFuFu in 37th place.
Remixpoint has also been lending out its Bitcoin. Between February 24 and August 31, it earned 14.92 BTC in fees, which it valued at about ¥164.2 million, or $1 million. Tokyo shares closed 5% lower on the day.
Adam Back makes another investment in Capital B
On September 2, Capital B, the French treasury company formerly known as The Blockchain Group, confirmed a €7.6 million private placement subscribed to entirely by Blockstream CEO Adam Back, one of Bitcoin’s earliest developers.
Back subscribed to 13.18 million shares at €0.58 each, a 15.4% premium to the previous close, with four warrants attached to each share. Capital B said the funds would be used mainly to buy more Bitcoin and estimated that the proceeds, together with ongoing operations, could finance about 376 additional Bitcoin purchases.
That would increase the company’s holdings to 3,521 BTC from the 3,145 BTC it reported in mid-August. Full exercise of the attached warrants could bring in another €49.4 million later.
Back’s ordinary stake rises to 17.77% after the issuance and could increase to 27.8% if every warrant is exercised, a level of concentration that analysts monitoring treasury companies may view as a governance issue.
The UK and Singapore continue the trend
In London, the Smarter Web Company added 35 BTC, lifting its treasury to 2,747 BTC and moving it to 29th place among listed holders, according to a corporate update. The Bristol-based web services firm has accumulated Bitcoin in small amounts since 2020 rather than in large one-time purchases, underscoring how treasury adoption can follow different capital-allocation schedules even among public companies.
Singapore’s Genius Group is preparing a much larger move. On August 27, it unveiled a $1.2 billion, five-year capital plan that sets aside $827 million for Bitcoin, with purchases scheduled to resume in the fourth quarter of 2026.
The plan represents a restart because the education company sold its remaining Bitcoin earlier this year to repay $8.5 million in debt, leaving its balance sheet empty. Its initial preferred-share raise of just $12.5 million shows how much work remains before the strategy is fully funded.
The buying streak has extended to larger names as well. Strive, the Dallas asset manager, added about 1,800 BTC in its latest week to reach 23,156 BTC, overtaking Bullish for fifth place among public corporate holders even after a $257.6 million quarterly loss, Cryptopolitan reported.