Japan Makes History: Remixpoint CEO Goes All-In on Bitcoin Salary
Tokyo shakes up corporate norms as Remixpoint's chief becomes Japan's first CEO to ditch fiat for 100% Bitcoin paychecks. No yen, no problem—just pure digital conviction.
The Bullish Bet
While traditional execs cling to stablecoins of the 20th century (read: paper money), this move screams hodl mentality. The CEO's entire compensation now rides Bitcoin's volatility—no safety net, no take-backs.
Regulators Watching Closely
Japan's FSA hasn't blinked yet, but you can bet they're double-checking their spreadsheets. Meanwhile, crypto natives cheer what might spark a wave of corporate Bitcoin adoption—or become a cautionary tale for next quarter's earnings call.
The Cynic's Corner
Because nothing says 'financial innovation' like gambling your mortgage money on a decentralized casino. At least he didn't opt for a Dogecoin salary—yet.
Bitcoin-Only Pay for Its CEO
The company highlighted that its share price often moves in close correlation with Bitcoin’s price, and paying the CEO in Bitcoin will align incentives while sharing economic risks and rewards with shareholders.
Remixpoint noted that at its recent general shareholders’ meeting, investors offered feedback wherein they urged management to approach corporate decisions from a shareholder’s perspective by holding shares.
However, due to insider trading restrictions and other limitations faced by listed companies in Japan, acquiring and holding company shares in a timely manner can be challenging for management. As an alternative, paying the CEO in bitcoin allows the company to build a system where economic value can be shared with shareholders while supporting its strategy of combining crypto assets, energy, and Web domains to create new corporate value.
Technically, the payment will be made in Japanese yen, in line with the Companies Act and tax requirements. The same amount of Bitcoin will then be purchased at market price and transferred to a cryptocurrency wallet designated by the CEO.
As a result, the exec will effectively receive his entire compensation in Bitcoin. The company views this decision as a new approach to financial and treasury management based on crypto assets while taking on the challenge of next-generation corporate strategy.
“In the Same Boat”
Commenting on the development, Remixpoint CEO Yoshihiko Takahashi, said
“As CEO, my decision to receive all of my compensation in Bitcoin is a declaration of my intention to be “in the same boat” as our shareholders. We take responsibility for increasing corporate value and will do our utmost to manage the company from a shareholder perspective.”
The executive also added that they will continue tackling the challenge of developing next-generation financial strategies and treasury management grounded in crypto assets.
Remixpoint’s move comes as part of a broader trend in Japan, where more companies are turning to Bitcoin as part of their corporate strategies. Game developer Gumi recently announced it WOULD hold a Bitcoin raffle for new shareholders, while firms such as Value Creation, Metaplanet, and SBC Medical Group have added Bitcoin to their balance sheets.