Japan-listed firm Remixpoint says it will pay CEO in bitcoin to align with shareholders

Japanese energy consulting firm Remixpoint announced Tuesday that it will start paying its CEO and President entirely in bitcoin, saying it became the first Japan-listed company to do so."By receiving compensation in Bitcoin, the company’s leadership will share the same economic fate as shareholders, fostering a system that aligns economic value with investors," the company said in a press release.Remixpoint said shareholders asked its management to hold company stocks to align the interests of the company with those of its shareholders. However, it was restricted from doing so due to regulations against insider trading, the company said. Instead, Remixpoint opted to pay its leader with bitcoin, stating that this would better align economic risks and rewards due to the cryptocurrency's close correlation with the company's stock performance."My decision to receive my entire compensation in bitcoin is a clear signal that I am 'in the same boat' as our shareholders," CEO and President Yoshihiko Takahashi wrote. "I am fully committed to enhancing corporate value and managing with a shareholder-focused perspective."In a bid to hedge against the depreciation of the Japanese yen, Remixpoint began investing in cryptocurrencies last September to “diversify the risk of currency value fluctuations and reduce exposure to the Japanese yen.”According to its official website, Remixpoint holds around 1,051.56 BTC, 901.44 ETH, 13,920 SOL, 1.2 million XRP and 2.8 million DOGE cryptocurrencies.The company's Tokyo-listed stock rose 0.71% on Tuesday, according to Yahoo Finance data.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.