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Remixpoint CEO Takashi Tashiro to Get Entire Paycheck in Bitcoin
Key Takeaways
- Remixpoint’s new CEO, Takashi Tashiro, will receive his full salary in Bitcoin starting July;
- The company will convert Tashiro's yen salary into Bitcoin after taxes, using current market prices;
- Remixpoint holds over $116 million in crypto assets as part of a plan to center its strategy around Bitcoin.
In a July 7 statement, Remixpoint explained that Tashiro’s salary will first be calculated in Japanese yen, including taxes and other deductions as required by law. Then, the company will use the same amount of yen to buy Bitcoin at the current market price.
Tashiro stepped into the CEO role in June and stated that he plans to make Bitcoin a central part of the company’s financial plans. The decision to pay his salary in Bitcoin is the first step in that direction.
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In addition to leading Remixpoint, Tashiro also collaborates with BITPoint, a Japanese cryptocurrency exchange affiliated with the SBI Group. BITPoint has recently been promoting the Official Trump token, a meme coin tied to US President Donald Trump.
Remixpoint has already been building a portfolio of cryptocurrencies over the past few years. As of June 13, it held more than 1,051 Bitcoin, 901 Ethereum
Recently, Genius Group shared plans to use any future lawsuit winnings to reward its investors and purchase more Bitcoin. What did the company say? Read the full story.