Remixpoint CEO to Receive 100% Bitcoin Salary to Align Interests
- Remixpoint Adopts Bitcoin as Executive Salary in Japan
- Company seeks to align management and shareholders with cryptocurrencies
- Bitcoin replaces yen in anti-devaluation strategy
Remixpoint, a Japanese listed company operating in the energy and technology sector, announced that its CEO and president, Yoshihiko Takahashi, will now receive 100% of his compensation in bitcoin. The decision was announced on Tuesday and marks the company as the first listed company in Japan to adopt this model.
According to the company, the change aims to align the interests of the leadership with those of its shareholders. “By receiving compensation in Bitcoin, the company’s leadership will share the same economic fate as the shareholders,” Remixpoint said in an official statement.
The company explained that it had received requests from investors for the board to hold shares in the company as a way of aligning strategies and results. However, due to regulatory restrictions on the use of privileged information, this practice could not be adopted.
Alternatively, payment in bitcoin was chosen because it indirectly reflects the asset’s performance and its correlation with the company’s stock market performance. Takahashi reinforced this commitment: “My decision to receive all my compensation in bitcoin is a clear signal that I am ‘in the same boat’ as our shareholders.”
In September last year, Remixpoint began direct investments in cryptocurrencies as part of a diversification strategy, especially to reduce exposure to the Japanese yen, whose devaluation worries local companies.
According to information from the institutional website , the company maintains a significant reserve of crypto assets: approximately 1.051,56 BTC, 901,44 ETH, 13.920 SOL, 1,2 million XRP and approximately 2,8 million in DOGE.
Shares of Remixpoint, listed on the Tokyo Stock Exchange, closed the day up 0,71%, reflecting the positive reception of the measure by the market. The strategic use of cryptocurrencies by Japanese companies signals a growing adaptation to the new global financial landscape.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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