The company stated that the idea is to align the CEO’s interests with shareholders by having him share in the same risks and rewards tied to Bitcoin’s value.
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.
Did you know?
Subscribe – We publish new crypto explainer videos every week!
What is an NFT? (Explained with Animations)
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.
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.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
