In Japan’s First, Remixpoint CEO Salary Fully Shifted to Bitcoin
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Japanese energy firm Remixpoint has announced it will pay its President and CEO’s entire executive compensation in Bitcoin. This marks the first time a listed company in Japan has chosen to do so. The step is part of Remixpoint’s aim to implement “shareholder-oriented management” by ensuring that management shares the same economic fate as shareholders. 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…
Filed under: News - @ July 8, 2025 11:28 pm