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MicroStrategy now pays its board of directors in bitcoin

MicroStrategy now pays its board of directors in bitcoin: (The Block) Business analytics company MicroStrategy announced Monday that it will now pay its board of directors in bitcoin. 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, […]

By Chris Sykora · April 12, 2021
MicroStrategy now pays its board of directors in bitcoin

MicroStrategy now pays its board of directors in bitcoin:

(The Block)

Business analytics company MicroStrategy announced Monday that it will now pay its board of directors in bitcoin.

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.

Continue to read the full report at The Block.