Business intelligence firm MicroStrategy announced on Sunday that its board of directors will now receive bonuses in Bitcoin (BTC) instead of cash.
A modified 8-K form filed with the United States Securities and Exchange Commission revealed MicroStrategy’s decision to dispense with cash bonuses and instead use Bitcoin to compensate those on the company’s board. The modified filing states:
“Going forward, non-employee directors will receive all fees for their service on the Company’s Board in bitcoin instead of cash.”
