The Japanese Company GMO Internet Wants to Pay Its Employees in Bitcoin

GMO Internet Wants to Pay Its Employees in Bitcoin

Employees of the web hosting company GMO Internet (OTC:GMOYF) can now be paid in Bitcoin, if they want.

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GMO Internet will offer to pay its employees $890 a month in Bitcoin, which is a 10 percent raise to their current salary if they choose to take the crypto option. The company spokeswoman Harumi Ishii explained that “employees can receive salaries in bitcoin if they want to. We hope to improve our own literacy of virtual currency by actually using it.”

Actually using it would be a benefit for GMO Internet, as the company joined a Bitcoin trading and exchange business earlier in the year, and is also planning to launch a new cryptocurrency mining operation in future years.

This mining operation will utilize “renewable energy and cutting-edge semiconductor chips in Northern Europe.” GMO Internet plans to continue its research into Bitcoin, and is looking to develop both hardware and software for the cryptocurrency.

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