In addition to buying, the Japanese firm Remixpoint will pay its CEO in Bitcoin
The Remixpoint CEO will begin to receive its salary in Bitcoin with the objective of aligning the interests of the company with the shareholders. The Japanese firm accumulates Bitcoin for its treasury, in addition to ETH, Sun, XRP and other crypts.
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- The Remixpoint CEO will begin to receive its salary in Bitcoin.
- The measure seeks to align the interests of the company with the shareholders.
- The Japanese company has been buying Bitcoin since September 2024.
- It also diversifies its corporate portfolio with cryptocurrencies such as ETH, Sol and XRP.
Remixpointa Japanese company originally focused on energy consulting, automotive solutions and software, is carrying its exposure strategy to Bitcoin to the salary of its executive director.
The company, which quotes its shares on the Tokyo Stock Exchange, announced Tuesday who will begin paying his CEO and president, Yoshihiko Takahashientirely in Bitcoinsidentifying as the first public company in Japan to do so. This after starting actively investing in the cryptocurrency for its corporate treasury last year.
The measure seeks to align the interests of leadership with shareholders, given that Japanese regulations against privileged information prevent executives from possessing the company’s actions, indicates a press release in Japanese.
“Upon receiving compensation in Bitcoin, the company’s leaders will share the same economic destination as shareholders, promoting a system that aligns economic value with investors“He said Remixpoint In the statement.
Remixpoint is committed to Bitcoin – and diversifies other crypts
Remixpoint He started buying Bitcoin last September as part of a treasury management strategy to diversify assets and mitigate risks associated with the devaluation of the YEN —The national currency.
Inspired by the American model Strategy, Remixpoint has accumulated 1,051.56 BTCvalued at approximately USD $ 125 million at a total cost of approximate investment of USD $ 59 million since the strategy began in 2024. The company had initially established a 1,000 BTC goal, which exceeded last month.
In its statement on Tuesday, the company He said that the shareholders asked their management to maintain the company’s actions to align the interests of both parties. However, the regulations prevented him from doing so.
Instead, Remixpoint He chose to pay his leading executive with Bitcoinstating that this would better align economic risks and rewards due to the narrow correlation of cryptocurrency with the performance of their actions. Takahashi declared that receiving his compensation in Bitcoin It reflects its commitment to the corporate value and the perspective of the shareholders.
“My decision to receive all my compensation in Bitcoins is a clear sign that I am ‘on the same ship’ as our shareholders“the CEO wrote. “I am fully committed to improving corporate value already managing with a shareholders centered perspective“
Remixpoint It is part of a growing trend in Japan, where companies such as Metaplenet They are adopting Bitcoin as a value reserve. In addition to BTC, Remixpoint He has chosen to diversify his wallet with other cryptocurrencies, including Ethereum (Eth), Solarium (Sun), xrp, Dogecoin (Doge) and Avalanche (AVAX), among which it maintains a little more than USD $ 11 million.
The actions of Remixpoint 0.70% rose on Tuesday in the Tokyo Stock Exchange, according to data from Yahoo Finance!
Hannah Estefanía Pérez / Diariobitcoin
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