The Board of Directors of MicroStrategy has decided to receive salary in bitcoin (EXANTE: Bitcoin) instead of cash. According to a regulatory filing, non-employee directors will now get salary in bitcoin nominally denominated in USD by the payment processor.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.
The company said the decision to get salaries in the cryptocurrency is MicroStrategy's commitment to bitcoin given its ability to serve as a store of value, supported by a robust and public open-source architecture, untethered to sovereign monetary policy. MicroStrategy's payments' modification comes after Tesla officially started accepting bitcoin as a means of payment.
Tesla's CEO and Co-Founder, Elon Musk, said bitcoin paid to Tesla will be retained as the cryptocurrency and will not be converted to fiat currency.
If you are looking for a crypto trading platform to trade your assets, visit Gozo.pro, a safe and reliable exchange.