BTCS ( (BTCS) ) has issued an announcement.
BTCS Inc. has implemented an innovative measure allowing staff to opt for restricted common stock instead of cash for up to three months of compensation, to maintain smooth operations amid cryptocurrency liquidity challenges. This move, approved by the Board of Directors, is a strategic response to SEC review delays impacting capital-raising efforts and protecting the interests of 30,000 retail investors. In a show of solidarity, key company figures have already converted $330,000 of their salaries into stock, bolstering the business’s financial stance without immediate cash outlay.
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