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Early Tesla investor says $1B worth of paychecks now paid in Bitcoin [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
He spent $19 million to buy 30,000 BTC when the U.S. Marshals Service auctioned the cryptocurrency seized from Silk Road in 2014. Draper is also well-known for his investments in popular crypto companies like Coinbase (Nasdaq: COIN) and Robinhood Markets (Nasdaq: HOOD) and other tech giants like Tesla (Nasdaq: TSLA). Related: Billionaire Tim Draper predicts only one asset will rule retail His firm Draper Associates has also invested in Rise , a hybrid payroll and compliance platform, which he hailed for hitting the payroll milestone of $1 billion, including in Bitcoin. Rise not only enables businesses to hire talent, it also helps them pay global teams across more than 190 countries in both fiat currency and cryptocurrency, including stablecoins like Circle's (NYSE: CRCL) USDC and Tether's USDT. Rise identified the openness of a Web3-native global workforce to receive payments in cryptocurrency and the challenge faced by companies in paying a workforce spread across the glob
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