Remixpoint CEO to Get Complete Paycheck in Bitcoin

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Tokyo power firm Remixpoint has determined to pay its new CEO, Takashi Tashiro, in Bitcoin BTC $108,687.07 .

The corporate said that the concept is to align the CEO’s pursuits with shareholders by having him share in the identical dangers and rewards tied to Bitcoin’s worth.

In a July 7 assertion, Remixpoint defined that Tashiro’s wage will first be calculated in Japanese yen, together with taxes and different deductions as required by regulation. Then, the corporate will use the identical quantity of yen to purchase Bitcoin on the present market value.

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Tashiro stepped into the CEO function in June and said that he plans to make Bitcoin a central a part of the corporate’s monetary plans. The choice to pay his wage in Bitcoin is step one in that course.

Along with main Remixpoint, Tashiro additionally collaborates with BITPoint, a Japanese cryptocurrency alternate affiliated with the SBI Group. BITPoint has just lately been selling the Official Trump token, a meme coin tied to US President Donald Trump.

Remixpoint has already been constructing a portfolio of cryptocurrencies over the previous few years. As of June 13, it held greater than 1,051 Bitcoin, 901 Ethereum ETH $2,611.22 , 1.19 million XRP XRP $2.33 , 13,920 Solana SOL $152.45 , and about 2.8 million Dogecoin DOGE $0.1715 . Collectively, these belongings have been value about $116 million on the time.

Lately, Genius Group shared plans to make use of any future lawsuit winnings to reward its traders and buy extra Bitcoin. What did the corporate say? Learn the complete story.

Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Conflict II period.With near a decade of expertise within the FinTech business, Aaron understands all the greatest points and struggles that crypto fans face. He’s a passionate analyst who is anxious with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and business newcomers.Aaron is the go-to individual for all the things and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to rework the area as we all know it, and make it extra approachable to finish newbies.Aaron has been quoted by a number of established retailers, and is a printed writer himself. Even throughout his free time, he enjoys researching the market traits, and on the lookout for the following supernova.