Aligning Economic Interests Through Bitcoin Payment 

Remixpoint stated that paying the management’s salary in Bitcoin ensures that the company leader shares the economic fate with shareholders. This approach connects the company’s economic value directly with investor interests. Shareholders wanted management to hold company shares, but insider trading laws prevented insiders from purchasing shares. 

Instead, Remixpoint chose to pay the CEO’s salary in Bitcoin. The company highlighted that Bitcoin closely correlates with the company’s stock performance. This way, economic risks and rewards are better aligned. CEO Takahashi explained that taking his salary fully in Bitcoin shows he is “in the same boat” with shareholders. He added, “I am fully committed to increasing corporate value and practicing shareholder-focused management.”

Risk Diversification and Investment Strategy with Crypto Assets 

To protect against the depreciation of the Japanese Yen, Remixpoint started investing in cryptocurrencies last September. According to the company’s official website, Remixpoint holds approximately 1,051.56 BTC, 901.44 ETH, 13,920 SOL, 1.2 million XRP, and 2.8 million DOGE. This diversified portfolio demonstrates the company’s commitment and strategy in the crypto space. 

Shareholders and Market Reaction 

Following this announcement, Remixpoint’s shares on the Tokyo Stock Exchange rose by 0.71%. According to Yahoo Finance data, this increase reflected the impact of the news. 

By paying the CEO’s salary in Bitcoin, Remixpoint ensured that economic risks and rewards align fully with shareholders. This approach aims to increase investor confidence in the company’s management. Since direct shareholding by insiders is restricted by insider trading laws, this method emerged as a new solution. Thus, the company strengthened investor-focused management with an innovative move. 

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Japanese Company Decides to Pay Salary in Bitcoin!  appeared first on Coin Engineer.