Japanese company moves to align CEO with Bitcoin strategy, full salary goes to BTC

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The CEO, who was conscionable appointed successful June, is besides listed among the absorption of Japan-based crypto speech BITPoint.

Japanese institution  moves to align CEO with Bitcoin strategy, afloat  wage  goes to BTC

Takashi Tashiro, the caller CEO of Tokyo-based vigor institution Remixpoint, volition beryllium paid successful Bitcoin arsenic portion of stated efforts to beryllium “in the aforesaid boat” arsenic shareholders, the institution said successful a statement connected Tuesday.

Remixpoint said it volition cipher Tashiro's wage and taxes, acquisition the equivalent magnitude successful Bitcoin (BTC) and transportation it to a wallet the CEO designates. The determination is arsenic portion of a “shareholder-oriented management,” the institution said.

“The remuneration successful this lawsuit volition beryllium paid successful Japanese yen successful format based connected the due enactment of the Company Act and taxation,” a translated mentation of the connection reads.

On apical of that, we program to get Bitcoin (BTC) equivalent to the aforesaid magnitude astatine the marketplace terms with Japanese yen, which is equivalent to the afloat magnitude of the payment, and present it to the crypto plus wallet designated by the President and CEO.”

Tashiro took implicit arsenic CEO successful June, saying that Remixpoint would spot BTC “at the halfway of [its] fiscal strategy” arsenic portion of a displacement to marque the institution focused connected treasury management.

Japan, Payments, Energy, Bitcoin AdoptionRemixpoint CEO Takashi Tashiro. Source: Remixpoint

Even earlier Tashiro’s assignment arsenic CEO, Remixpoint had been acquiring BTC and different cryptocurrencies arsenic portion of a reported strategy toward a treasury of integer assets. As of June 13, the institution reported holding much than 1,051 BTC, 901 Ether (ETH), 13,920 Solana (SOL), 1,191,204 XRP, and 2,802,311 Dogecoin (DOGE), representing a combined marketplace worth of much than $116 million.

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In summation to his caller relation astatine Remixpoint, Tashiro is listed nether the absorption of BITPoint, a Japan-based crypto speech and an affiliate of the SBI Group. The speech has heavy promoted US President Donald Trump’s memecoin Official Trump (TRUMP).   

Other CEOs, policymakers person accepted crypto salaries

Whether portion of a strategy to further adoption astatine the institution oregon to effort and boost the terms of circumstantial cryptocurrencies, Remixpoint was not the archetypal to denote its leadership’s wage would beryllium paid successful Bitcoin.

In 2021, UK-based cryptocurrency mining institution Argo Blockchain said its then-CEO, Peter Wall, would person a BTC salary. Wall pointed to the illustration acceptable by NFL subordinate Russell Okung, who said successful 2020 helium would beryllium converting a information of his wage into crypto.

In the 2021 New York City mayoral election, then-Democratic campaigner Eric Adams said helium would accept his archetypal 3 paychecks successful Bitcoin. Running arsenic an autarkic for reelection successful 2025, Adams has repeatedly gloated to members of the media and New Yorkers astir his Bitcoin holdings, suggesting nary regrets with the decision. The terms of the cryptocurrency has much than doubled since 2021.

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