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MicroStrategy now pays its board of directors in bitcoin

MicroStrategy now pays its board of directors in bitcoin

Business analytics company MicroStrategy now pays its board of directors in bitcoin.

Announcing the news on Monday, the Nasdaq-listed company said non-employee directors would receive all fees for their service in bitcoin instead of cash.

“In approving bitcoin as a form of compensation for Board service, the Board cited its 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,” said MicroStrategy.

This is a developing story and will be updated…

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Author: Yogita Khatri


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