MicroStrategy has prepared a new plan for Bitcoin (BTC). The plan this time is to allow employees to use bitcoin while saving for retirement.
According to the statement made by MicroStrategy’s CEO, Michael Saylor, the company plans to work with Fidelity Digital Assets to implement this plan.
Saylor shared on Twitter, “As MicroStrategy; We look forward to working with Fidelity Digital Assets to become the first publicly traded company to allow employees to invest in their 401k (retirement) plans with bitcoin.” said.
Fidelity just announced today its infrastructure that allows you to save crypto for retirement. In this way, customers will be able to invest in their 401k retirement plans with bitcoin.
Again, according to the statement made by Fidelity today, the infrastructure will be ready by the middle of this year, and MicroStrategy will also implement this infrastructure. towards the end of the year will start using it.
MicroStrategy CEO Saylor said that such infrastructures for institutional investors “contributes to the development of the bitcoin ecosystem” stated.
MicroStrategy, a software company, has been buying massive amounts of bitcoin since the summer of 2020. The company has received 4,157 bitcoins at the beginning of this month, as well as the total amount of BTC it owns. increased to 129 thousand 218.