Japanese energy consulting firm Remixpoint has begun paying its CEO and President entirely in Bitcoin, becoming the first Tokyo Stock Exchange-listed company to do so.
Key Takeaways:
Remixpoint is now paying its CEO entirely in Bitcoin, a first for a Tokyo-listed firm. The company adopted Bitcoin over stock due to insider trading restrictions. This move strengthens its crypto-focused strategy and aligns leadership with shareholders.The move, announced Tuesday, is part of a broader strategy to align executive incentives with shareholder outcomes and reinforce commitment to the company’s financial performance.
In its press release, Remixpoint said the initiative aims to ensure the leadership “shares the same economic fate as shareholders,” a response to previous shareholder requests that executives hold company stock.
Remixpoint Executives Chose Bitcoin Over Company Stock
Due to restrictions related to insider trading laws, however, holding equity was not a viable option for executives.
Instead, the firm turned to Bitcoin, citing the cryptocurrency’s close price correlation with its own stock as a way to mirror the financial ups and downs of its investors.
CEO Yoshihiko Takahashi described the decision as a “clear signal” of his commitment to corporate value and shareholder-focused governance.
Remixpoint’s Bitcoin compensation policy builds on its crypto-forward strategy launched last year.
In September last year, the company began investing in digital assets as a hedge against yen depreciation and to diversify currency exposure.
Its crypto portfolio includes over 1,000 BTC, 900 ETH, nearly 14,000 SOL, 1.2 million XRP, and 2.8 million DOGE, according to its website.
Notably, the crypto-keen auto and electricity trading company is the former owner of the crypto exchange BITPoint, which it sold to the securities giant SBI in 2023.
Despite the BITPoint sale, Remixpoint has continued to pursue crypto-related business avenues. The firm began its crypto-buying strategy in 2024.
Following the announcement, Remixpoint’s stock rose 0.71% on Tuesday.
Japanese Firms Double Down on Bitcoin Strategy
Japanese firms show no sign of slowing their Bitcoin-buying fervor. The famously Bitcoin-keen Metaplanet has been consistently boosting the size of its own BTC holdings.
On Monday, Metaplanet expanded its Bitcoin treasury strategy with the purchase of 2,205 additional BTC.
The latest acquisition brings Metaplanet’s total Bitcoin holdings to 15,555 BTC, worth approximately 225.8 billion yen ($1.7 billion) at an average purchase price of 14.5 million yen per coin.
The purchase, valued at 34.5 billion yen, comes amid Metaplanet’s aggressive accumulation since designating Bitcoin treasury operations as an official business line in December 2024.
Metaplanet’s BTC Yield, a key metric tracking the percentage change in Bitcoin holdings per fully diluted share, rose 15.1% between July 1 and July 7, adding 2,017 BTC worth 31.7 billion yen in the quarter-to-date period.
BTC Yield highlights the net Bitcoin growth relative to share dilution, which the firm views as a measure of shareholder accretion.
Furthermore, Tokyo Stock Exchange-listed gaming firms like Enish and Gumi have also launched ambitious BTC-buying strategies.
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