New York Yankees Players, Staff Now Able to Convert Salary Into Bitcoin
— Portion, Savings, Nydig, Employees, Plan, Transaction, York, Convert, Bitcoin, Staff — 1 min read
NYDIG is a Bitcoin-centric subsidiary of asset manager Stone Ridge Holdings Group that offers infrastructure solutions for companies and financial institutions looking to operate within the Bitcoin ecosystem. The firm’s products include a Bitcoin Savings Plan (BSP) that allows employees of organizations to convert a certain amount of their post-tax salary into the leading cryptocurrency. At the time of writing, Bitcoin was trading at $20,830, up 4.09% over the past 24 hours, according to CoinMarketCap. Nearly one in three employees that participated in a survey said that if they had to choose between two identical jobs at different employers, they would go for an employer that would offer a Bitcoin option. The best part of the plan is no transaction fees. Source