Japanese Firm Ditches Fiat for Bitcoin in Executive Pay
Remixpoint, a Japanese energy and crypto services company, has made headlines by announcing that it will compensate its CEO, Yoshihiko Takahashi, entirely in Bitcoin. This marks the first time a publicly traded firm in Japan has adopted such a payment structure for top executives.
The decision is rooted in a desire to align leadership incentives with shareholder interests. Previously, shareholders had urged company executives to hold Remixpoint stock. However, due to restrictions under Japan’s insider trading laws, direct stock ownership by executives was not feasible. Paying in Bitcoin, the company explained, is a practical alternative that still exposes executives to market dynamics in a similar way.
Takahashi affirmed the move by expressing solidarity with investors, saying he wanted to be “in the same boat” as them, sharing both the risks and rewards of Bitcoin’s market movements.
Remixpoint is no stranger to crypto adoption. The company has been building a diverse crypto portfolio since September, holding 1,051 BTC, 901 ETH, and additional reserves in Solana, XRP, and Dogecoin. This strategy has helped the company hedge against the yen’s weakening position while also tapping into crypto’s growth potential.
The move follows similar actions by other Tokyo-listed firms such as Metaplanet, Gumi, and Enish, which have also embraced Bitcoin on their balance sheets.
Notably, Metaplanet recently acquired another 2,205 BTC, bringing its total holdings to 15,555 BTC, valued at nearly ¥226 billion ($1.7 billion). The firm’s BTC Yield—an internal performance benchmark tied to Bitcoin exposure—rose over 15% in the first week of July alone.
The trend suggests that Japan’s corporate sector is not just exploring Bitcoin as a hedge but also embracing it as a core asset for leadership strategy and financial resilience.
