NYDIG unveils Bitcoin Savings Plan

The bitcoin firm NYDIG recently launched a Bitcoin Savings Plan to enable employees of leading companies to get paid in bitcoin.

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“A NYDIG Bitcoin Savings Plan is an easy-to-adopt benefit that can help employers stand out from the pack while providing their employees with a critical tool for protecting their financial futures,” NYDIG Chief Innovation Officer Patrick Sells said.

Companies owned by former NFL quarterback Drew Brees are among the first entities to offer the benefit to employees. Brees is slated to use the Savings Plan to convert a portion of his compensation to bitcoin.

“For a long time, bitcoin was pretty intimidating for me,” Brees said. “The more I have immersed myself in the understanding of money, long-term value, and the history of finance, the importance of bitcoin became apparent. That’s why I am using NYDIG, a trusted leader in bitcoin, to allocate a portion of my salary to BTC every payday, and why I am excited for the businesses I’m involved with to make this an option for their employees as well.”

In its 13-year history, bitcoin has been an inclusive vehicle for wealth creation, and the Bitcoin Savings Plan is one of the easiest ways to start saving.

Bitcoin is held on the same secure, regulated NYDIG platform presently utilized by some of the world’s largest banks and companies. Fertitta Entertainment will be offering the benefit to employees of the Houston Rockets and corporate employees of the restaurant Landry’s.

“Offering cutting edge benefits, like a Bitcoin Savings Plan, helps ensure that we are appealing to the new generation entering the workforce and allows us to attract and retain some of the best talent in the industry,” Owner and CEO of Fertitta Entertainment Tilman Fertitta said.