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Investor

First Japanese Company to Pay CEO in Bitcoin

Roman Hasley
Last updated: 09.07.2025 2:50 PM
Roman Hasley
Published: 09.07.2025
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First Japanese Company to Pay CEO in Bitcoin

Tokyo Stock Exchange-listed Remixpoint Announces CEO Compensation in Bitcoin

June 16, 2025

Tokyo Stock Exchange-listed Remixpoint Inc. has announced that its newly appointed CEO and President, Taku Tashiro, will receive 100% of his compensation in bitcoin (BTC). This marks the first time a publicly-listed Japanese company has implemented cryptocurrency compensation for executives.

The announcement was made effective immediately following Tashiro’s appointment to the position. “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,” Tashiro stated.

His statement emphasized alignment with shareholder interests, with unlIMPLEMENTMENTED value growth expected to affect his compensation over the relevant period, likely extending to the fiscal year ending March 31, 2026.

According to Remixpoint’s statement, the compensation process involves formal payment in Japanese yen. The equivalent amount is then converted to BTC at the prevailing market rate and transferred to Tashiro’s designated digital wallet. This approach maintains legal compliance with Japanese corporate law while allowing participation in the bitcoin ecosystem.

Tashiro’s initiative aims to demonstrate loyalty to the company’s established bitcoin focus and strengthen executive-investor alignment. This strategy represents the latest development in Remixpoint’s broader “cryptocurrency cultivation” approach. For some Japanese media reports may use ‘crypto cultivation’ although not officially adopted here.

Remixpoint’s digital asset holdings include approximately 1,051.56 BTC valued at around ¥17.11 billion (US$118.76M), generating estimated unrealized gains exceeding ¥1.76 billion (US$12.22M). Bitcoin constitutes approximately 20% of these holdings by value.

Bitcoin Holdings Strategy Continues

The two other paragraphs about Remixpoint president/media executive could go here but are likely redundant. Combined with above, they essentially read:

Separately, Remixpoint continues expanding its BTC treasury. In mid-June 2025, the company purchased approximately 13 more BTC valued at approximately ¥200 million (~US$1.4 Million), with an official position now at approximately 1,051.56 BTC. This acquisition leveraged proceeds from stock-related rights transactions.

Key Considerations:

  • CEO compensation structured to be tax-compliant
  • BTC price correlation ensures alignment with company stock performance
  • Approximately 1,051.56 BTC held by company as of June 2025
  • Estimated value of BTcoin holdings approx. ¥17.11 billion (US$118.76M)
  • CEO’s stake subject to potential appreciation/depreciation based on BTC market price

The move follows Remixpoint’s established long-term investment strategy. The company began incorporating digital assets into its investment portfolio in September 2024, citing currency diversification.

The decision to use cryptocurrency for executive compensation rather than company stock was influenced by regulatory constraints under Japan’s Companies Act, which restrict risk-based stock compensation but permit treasury-based crypto holdings.

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