[2015-01-09] marketwatch: Overstock to offer staff option of being paid in BTC

[LiteCoinGuy]

Overstock.com to offer staff option of being paid in Bitcoin

NEW YORK (MarketWatch) -- Overstock.com Inc. OSTK, +0.81% said Friday it is planning to offer its employees the option of being paid in Bitcoin, as par of an effort to encourage broader use of digital currencies.

http://www.marketwatch.com/story/overstockcom-to-offer-staff-option-of-being-paid-in-bitcoin-2015-01-09?link=MW_home_latest_news

[gog1]

This is a significant first step.

[kjlimo]

This is a significant first step.

Has anyone listened to earnings calls to know whether they are holding any Bitcoin on their corporate ledger?

That would also be a big step.

[lyth0s]

This is a significant first step.

Has anyone listened to earnings calls to know whether they are holding any Bitcoin on their corporate ledger?

That would also be a big step.

Last I saw was a quote from Overstock CEO stating that they currently don't hold any of the bitcoins, but they plan to in the future as their suppliers start accepting coins for payments.

[polynesia]

Great news.
Previously, there was some news about employees in overstock being given an option to be paid their bonuses in BTC.

[Chef Ramsay]

Coulda swore there was some list posted recently about all the companies that take Bitcoin and it was reported that O-stock keeps about 10% of their bitcoin related revenues in bitcoin. I'm pretty sure about that.

[BitCoinNutJob]

This is great news, probably one of the main key areas of development which is needed right now is more people getting paid in BTC.