Remixpoint CEO Accepts 100% of Salary in Bitcoin
Japanese company Remixpoint, which focuses on crypto investment and energy sectors, has announced that the firm’s new CEO, Yoshihiko Takahashi, will receive his salary 100% in Bitcoin (BTC). According to a Tuesday announcement, the business is working to align executive pay with the interests of shareholders in a move that is also consistent with its increased focus on digital assets.
Takahashi took charge in June and said that his salary in bitcoin is a way of expressing his intention to be in the same boat as shareholders. Under Japan’s strict insider trading laws, executives of listed companies are often prevented from owning company stock. When the executives of Remixpoint decide to receive Bitcoin compensation, it enables them to share in the financial upside or downside of the company without falling afoul of regulations.
Legal Structure and Execution of Bitcoin Salary
Takahashi will officially receive a salary in Japanese yen (JPY) for tax and legal purposes. However, this amount will be used to purchase Bitcoin at the current spot price. The CEO’s entire pay package will be transferred to the wallet of his choosing in bitcoin.
Remixpoint is ramping up investment in digital assets, prompting the move. As of mid-June, the business possessed more than:
These holdings are worth over $116 million. Remixpoint’s approach to treasury management is evolving—using crypto to hedge against currency risk and boost long-term corporate value.
Involvement with BITPoint and Crypto Expansion
Along with heading Remixpoint, Takahashi is also in management at BITPoint, a Japan-based cryptocurrency exchange associated with the SBI Group. BITPoint has been active in the domestic crypto market recently, even launching a memecoin called “Official Trump,” themed after former U.S. President Donald Trump.
Bitcoin Salaries Gaining Momentum Globally
Remixpoint is not alone in exploring crypto compensation. Many high-profile individuals have opted to get their salary paid in Bitcoin, including:
- NFL player Russell Okung
- Former Argo Blockchain CEO Peter Wall
- New York City Mayor Eric Adams
These professionals believe that Bitcoin is the future of money.
Conclusion
Japan’s biggest Bitcoin exchange is paying its CEO entirely in bitcoin as corporations in the country are rapidly adopting crypto. Remixpoint’s thoughtful alignment of executive compensation with the company’s digital asset strategy and shareholder interests is a step in the right direction. Remixpoint might be a manual on how a corporate leader of the future should be as other companies try their hand at the Bitcoin model.
