Fold Holdings said it has expanded its workplace Bitcoin compensation push by rolling out a business program that lets employers distribute recurring BTC bonuses through Fold Business.
Fold Holdings said it has rolled out a Bitcoin-based bonus program for employees through its enterprise arm, Fold Business, expanding its effort to bring BTC into everyday workplace compensation. The offering allows companies to distribute recurring bonuses in Bitcoin. Existing details from the company’s earlier announcement remain in place: the program is designed to work with current payroll systems while Fold handles custody and compliance, and Steak 'n Shake is the first announced partner, offering more than 10,000 hourly workers $0.21 in Bitcoin per hour worked under a two-year vesting schedule.