New York Yankees Ready to Pay Employees in Bitcoin by Partnering With NYDIG
After a deal was made with New York Digital Investment Group (NYDIG), a Bitcoin-focused financial service firm, the New York Yankees is set to allow its employees to convert a portion their paychecks to BTC.
According to the official press release the partnership will allow Yankees employees to access NYDIG’s Bitcoin Savings Plan. This allows them to adjust a portion of their post-tax salaries to automatically convert into bitcoin. The chief marketing officer of NYDIG sees the partnership as a crucial opportunity to leverage the famed sports franchise and facilitate its mission to “bring bitcoin to everyone.”
For employees of the Yankees, it can be one of most effective ways to save bitcoin. Dollar-cost averaging can help smooth out any bumps. ”
NYDIG reached out to Deloitte, one of the Big Four accounting firms, to form a strategic alliance to provide bitcoin-related services to all companies. Banking, rewards and consumer loyalty programs, employee benefits, and other sectors were targeted.
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