Gate News message, April 24 — Fold, a Bitcoin financial services company, has launched a Bitcoin Rewards Program that allows enterprises to distribute periodic bonuses to employees in Bitcoin. Steak 'n Shake became the first partner, with over 10,000 hourly workers earning $0.21 in Bitcoin per hour worked, with full vesting after two years.
The program is operated by Fold’s Business division, which handles all custody and compliance requirements, enabling traditional enterprises to offer crypto incentives without managing technical infrastructure. This approach eliminates barriers for companies seeking to introduce Bitcoin-based compensation to their workforce.
Fold plans to expand its enterprise offerings to include payroll processing, corporate Bitcoin treasury management, and company card solutions.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Largest Bank in Brazil Moves to Invest in Bitcoin Mining
Itau Unibanco, through its VC arm Itau Ventures, has made an undisclosed investment in Minter, a company that installs mobile data centers and bitcoin mining operations across Brazil. Minter’s approach allows it to take advantage of surplus energy that would otherwise be wasted.
Key Takeaways:
It
Coinpedia6m ago
Bitcoin ETF Flows Turn Positive for Year, Bloomberg Data Shows
Bitcoin exchange-traded fund flows have turned positive for the first time in months across all metrics tracked by Bloomberg, according to Bloomberg Senior ETF Analyst Eric Balchunas, who noted on Thursday that "every single rolling period we track is now positive." Ben Slavin, global head of ETFs a
CryptoFrontier35m ago
US Government Operating Bitcoin Node Without Mining, Admiral Indicates
A senior admiral has indicated that the US Government is actively operating a node on the Bitcoin network while deliberately avoiding participation in mining activities. The disclosure suggests that authorities are taking a more involved role in blockchain infrastructure for oversight and
CryptoFrontier42m ago
Bitcoin Breaks Below $78,000, Down 0.48% Intraday
Gate News message, April 24 — Bitcoin fell below $78,000, declining 0.48% during intraday trading.
GateNews1h ago
Metaplanet Issues 8 Billion Yen in Zero-Coupon Bonds to Expand Bitcoin Holdings
Gate News message, April 24 — Metaplanet, a Japanese Bitcoin Treasury Company, announced the issuance of 8 billion Japanese yen (approximately $53 million USD) in zero-coupon unsecured bonds to fund further Bitcoin purchases.
The proceeds from the bond offering will be used to strengthen the
GateNews1h ago
