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A Japanese publicly traded company just told its shareholders: your dividend depends on how Bitcoin performs. Remixpoint Inc., listed on the Tokyo Stock Exchange under ticker 3825, announced a base ordinary dividend of 3 yen per share for the fiscal year ending March 31, 2027, alongside a special dividend that only kicks in if BTC stays above roughly $90,000.
If that Bitcoin price condition is met as of March 31, 2027, the company targets a total payout of at least 5 yen per share. This is believed to be the first time a Japanese listed entity has formally tied a special dividend to cryptocurrency price performance.
How the dividend structure works
The policy, announced on June 18, 2026, splits shareholder returns into two buckets. First, there’s the guaranteed floor: a year-end ordinary dividend of 3 yen per share, paid regardless of what Bitcoin does. The special dividend activates when BTC trades above approximately $90,000 as of the fiscal year-end date. If that threshold is cleared, the combined payout targets at least 5 yen per share, meaning the special dividend would add a minimum of 2 yen on top of the base.
The structure reflects how deeply the company’s financial profile has become intertwined with digital assets. By late April 2026, Remixpoint held approximately 1,491 BTC with a cost basis of around $102 million. The market value of those holdings sat at roughly $97.5 million at the time of reporting, putting the position slightly underwater on a cost basis.
Beyond simply holding Bitcoin, Remixpoint generates revenue through BTC lending and asset staking activities.
From energy consulting to Bitcoin treasury
Remixpoint’s strategy to accumulate digital assets began in September 2024, initially framed as a hedge against yen depreciation. With nearly 1,500 BTC on the books, the company’s stock price now correlates strongly with Bitcoin’s price movements, making Remixpoint’s shares a proxy trade for Japanese investors who want BTC exposure without directly buying cryptocurrency.
CEO compensation is now partially denominated in Bitcoin. Financial projections explicitly factor in digital asset valuation gains. The partnership with SBI Digital Finance provides institutional infrastructure for managing these holdings.
What this means for investors
Remixpoint’s BTC holdings had a cost basis of roughly $102 million against a market value of approximately $97.5 million at last report. If Bitcoin drops meaningfully below $90,000 by fiscal year-end, shareholders get only the 3 yen base dividend, and the company is left holding depreciated assets. The staking and lending revenue provides a buffer, but it doesn’t eliminate the directional risk.
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