Bitcoin Shop’s Management Forgo Salaries as Share Price Tanks

By September 13, 2014Bitcoin Business

charles allen, bitcoin shop Bitcoin Shop announced today that some of its management team would waive the majority of their salaries for the next six months, and that all the company’s officers had volunteered to cancel their employment contracts.

Bitcoin Shop’s chief executive Charles Allen described the efforts as part of a broader attempt to reduce the company’s fixed costs while protecting existing shareholders from dilution, because the company would not have to issue new shares at […]

Leave a Reply

All Today's Crypto News In One Place