Japan’s Remixpoint to pay CEO entirely in Bitcoin, citing shareholder alignment

  • The move makes it the first publicly traded company in Japan to pay its top executive solely in cryptocurrency.
  • The company currently holds a range of digital assets, including 1,051.56 BTC and 901.44 ETH.
  • The development comes amid broader corporate interest in Bitcoin.

Remixpoint, a Tokyo-listed energy consulting and crypto services firm, announced on Tuesday that it will begin compensating its CEO and President Yoshihiko Takahashi entirely in Bitcoin.

The move makes it the first publicly traded company in Japan to pay its top executive solely in cryptocurrency.

The company said the decision is aimed at aligning the leadership’s economic interests more closely with those of its shareholders, particularly in light of restrictions that prevent company executives from holding stock due to Japan’s insider trading regulations.

“By receiving compensation in Bitcoin, the company’s leadership will share the same economic fate as shareholders, fostering a system that aligns economic value with investors,” Remixpoint said in a press release.

Compensation shift tied to regulatory constraints

The firm said its shareholders had requested that executives hold company stock to ensure stronger alignment with long-term investor interests.

However, Remixpoint stated that such a step is not feasible under current Japanese securities laws that restrict insider holdings.

As an alternative, the company said it chose bitcoin as a vehicle to mimic the financial exposure associated with equity ownership.

“My decision to receive my entire compensation in bitcoin is a clear signal that I am ‘in the same boat’ as our shareholders,” Takahashi said in a statement.

“I am fully committed to enhancing corporate value and managing with a shareholder-focused perspective.”

Corporate Bitcoin holdings and Yen hedge strategy

Remixpoint began investing in cryptocurrencies in September 2024, describing the move as part of a broader strategy to hedge against the depreciation of the Japanese yen and to diversify currency risk.

The company currently holds a range of digital assets including 1,051.56 BTC, 901.44 ETH, 13,920 SOL, 1.2 million XRP, and 2.8 million DOGE, according to disclosures on its website.

Data from Bitcoin Treasuries indicates that Remixpoint’s total bitcoin holdings are currently valued at around $114 million, making it one of the more prominent corporate holders of the cryptocurrency in Japan.

Shares Rise After Announcement

Shares of Remixpoint rose 0.71% on Tuesday following the announcement, according to data from Yahoo Finance.

The development comes amid broader corporate interest in bitcoin, with several global firms establishing BTC treasuries through equity offerings and capital raises.

Still, Remixpoint distinguishes itself as one of the few institutions to extend crypto adoption to executive pay.

While some companies have opted to allocate bitcoin as a treasury reserve, paying salaries in digital assets remains rare, especially among publicly listed firms.

The announcement marks a milestone for Japan’s corporate crypto landscape, signaling deeper integration between blockchain assets and traditional corporate governance structures.

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BlackRock’s Bitcoin ETF crosses 700,000 BTC, surpasses $75B in assets

  • IBIT now holds over 700,000 BTC, valued at approximately $75.5 billion at current prices.
  • Since launching in January 2024, IBIT has become the dominant US spot Bitcoin ETF.
  • It now accounts for over 55% of total BTC held across all US spot Bitcoin ETFs, according to data from Bitbo.

BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed 700,000 Bitcoin in holdings, marking a significant milestone for the spot Bitcoin exchange-traded fund.

According to blockchain data platform Glassnode, IBIT now holds 700,000 BTC, valued at approximately $75.5 billion at current prices.

The asset milestone was reached following a $164.6 million net inflow into the fund on Monday.

Outpaces other Bitcoin ETFs and corporate treasuries

Since launching in January 2024, IBIT has become the dominant US spot Bitcoin ETF.

It now accounts for over 55% of total BTC held across all US spot Bitcoin ETFs, according to data from Bitbo.

Its 18-month growth trajectory places it ahead of other leading funds in the category, including Fidelity’s FBTC, which holds around 203,000 BTC, and Grayscale’s GBTC, which holds approximately 184,000 BTC.

The ETF has also eclipsed the holdings of Michael Saylor’s Strategy (MSTR), which began accumulating Bitcoin in 2020 and currently holds around 600,000 BTC.

Strategy is the largest corporate holder of Bitcoin to date.

Since its inception, IBIT has delivered a total return of 82.67%, according to fund performance data tracked by market analysts.

Revenue surpassing flagship S&P 500 ETF

BlackRock’s Bitcoin ETF is now one of the firm’s top-performing products.

IBIT has become the third-highest revenue-generating ETF across BlackRock’s portfolio, which comprises over 1,100 funds.

It now reportedly generates more revenue for the asset manager than the iShares Core S&P 500 ETF (IVV), BlackRock’s flagship fund tracking the US equity benchmark, and the iShares Russell 2000 ETF (IWM), which tracks small-cap US stocks.

“New milestone, iShares Bitcoin ETF now holds over 700,000 BTC. 700,000. Did this in 18 months. Ridiculous,” Nate Geraci, president of The ETF Store, wrote on X.

Senior Bloomberg ETF analyst Eric Balchunas also noted the significance of IBIT’s rise in BlackRock’s rankings, underscoring its rapid emergence as a cornerstone product in the firm’s ETF offerings.

IBIT’s rapid growth coincides with strong demand for spot Bitcoin ETFs in the US market, which collectively have attracted over $50 billion in net inflows since launching in January 2024.

These ETFs are considered the most successful ETF introductions in US financial history.

According to research from Galaxy Digital, the combined buying activity of US Bitcoin ETFs and Strategy has consistently outpaced Bitcoin’s net new issuance from miners.

In 2025 alone, these entities have purchased $28.22 billion worth of Bitcoin, compared to $7.85 billion in new Bitcoin generated by miners.

Galaxy noted that this demand-supply imbalance has persisted every month except February, when the group recorded net Bitcoin sales totaling $842 million.

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