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NYDIG's Bitcoin Savings Plan Allows Employees to Convert Part Of Salary Into BTC

Mary Liu

Summary: NYDIG, the leading Bitcoin company, has announced a new Bitcoin Savings Plan that allows company employees to convert part of their salaries into BTC. Employees participating in the program can choose the percentage of their salary they want and automatically converted it into BTC. The tokens will be held in NYDIG's cold storage system with ...

NYDIG, the leading Bitcoin company, has announced a new Bitcoin Savings Plan that allows company employees to convert part of their salaries into BTC. Employees participating in the program can choose the percentage of their salary they want and automatically converted it into BTC. The tokens will be held in NYDIG's cold storage system with no transaction or storage fees. 

Companies currently supporting the feature include billionaire Tilman Fertitta's Houston Rockets, restaurant giant Landry's, MVB Bank, Vantage Bank, Bitcoin mining company Iris Energy, crypto data firm The Tie, and more.

NYDIG's Bitcoin Savings Plan requires employer registration to participate. Strike and Coinbase launched similar platforms last year, which are available to employees directly.

By Mary Liu

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