Japanese company says its CEO will use his full salary to buy Bitcoin


Takashi Tashiro, the new CEO of Tokyo-based energy company Remixpoint, will pay in bitcoin as part of its established efforts to “on the same boat” with shareholders, the company said in a one-year-old. statement Tuesday.

Remixpoint says it will calculate Tashiro’s salary and taxes, the same amount of purchase of Bitcoin (BTC) and transfer it to the wallet designated by the CEO. The company said the move is part of “management for shareholders.”

“In this case, the compensation in this case will be paid in the form of yen in the form of yen, in accordance with the Company Act and the appropriate organization of taxes.”

“Most importantly, we plan to acquire Bitcoin (BTC) at a market price in yen, which is equivalent to the full payment amount and deliver it to the crypto asset wallet designated by the President and CEO.”

Tashiro takes over as CEO in June explain The mix will make BTC “at the heart of (its) financial strategy” as part of a transformation that keeps the company focused on the Treasury management.

Japan, payment, energy, bitcoin adoption
Remixpoint CEO Takashi Tashiro. source: Mixing point

Even before Tashiro was appointed CEO, Remixpoint had acquired BTC and other cryptocurrencies as part of the strategy to report on the Treasury Department. As of June 13, the company Report Holds over 1,051 BTC, 901 Ether (eth), 13,920 Solana (sol), 1,191,204 XRPand 2,802,311 Dogecoin(Doge), representing a comprehensive market value of more than US$116 million.

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In addition to its new role in Remixpoint, Tashiro is listed under the management of Bitpoint, a Japan-based crypto exchange and affiliate of the SBI Group. The exchange has greatly promoted the memorial officer of US President Donald Trump (trump card).

Other CEOs, policy makers also accept cryptocurrency salary

Whether it is a strategy further adopted by the company or an attempt to increase the price of a specific cryptocurrency, Remixpoint is not the first to announce its leader’s salary to pay in Bitcoin.

Argo Blockchain, a cryptocurrency mining company in the UK in 2021 Say the CEO at that timePeter Wall will receive a BTC salary. Wall pointed to the role model set by NFL player Russell Okung, who said in 2020 that he would convert a portion of his salary into cryptocurrency.