MicroStrategy Is Paying Its Board Of Directors In Bitcoin

Bitcoin Magazine

The software-intelligence-firm-turned-bitcoin-champion MicroStrategy has announced that it will now pay its board of directors in BTC.

“Going forward, non-employee directors will receive all fees for their service on the Company’s Board in bitcoin instead of cash,” according to a U.S. Securities and Exchange Commission (SEC) Form 8-K posted on the firm’s website. “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.”

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