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Significant Australian Baseball League Team Perth Heat to Pay Players in Bitcoin and Hold BTC on Balance Sheet

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Major Australian Baseball League Team Perth Heat to Pay Players in Bitcoin and Hold BTC on Balance Sheet

< img width=" 1280 "height= "720" src= "http://investincryptocoins.com/wp-content/uploads/2021/11/wPRJEe.jpg" class=" story __ img article __ poster "alt=" Major Australian Baseball League Group Perth Heat to Pay Gamers in Bitcoin and Hold BTC on Balance Sheet "loading=" lazy "> Among the most successful baseball groups in Australia, the Perth Heat, is embracing the bitcoin requirement.

The team will pay gamers and staff in bitcoin,

accept the cryptocurrency for payments, and hold bitcoin on its balance sheet. The Perth Heat Will Operate on Bitcoin Requirement The Perth Heat, a significant baseball group in the Australian Baseball League, revealed Wednesday that it

will “run on bitcoin standard.” The team, which is among the most successful in Australia, has actually partnered with bitcoin payments business Opennode to accept and send out bitcoin payments powered by the Lightning Network. “In partnership with Opennode, the Perth Heat is setting bitcoin as the brand-new requirement for payments and payouts,” the group wrote. According to the announcement:

Perth Heat will pay gamers in bitcoin, pay staff in bitcoin, accept bitcoin payments for sponsorships, product, and ballpark concessions, [and] hodl bitcoin on the club’s balance sheet.

Perth Heat CEO Steven Nelkovski commented: “We firmly believe that the mindset that bitcoin imparts on network individuals will be felt by our gamers, coaches, personnel, and our devoted fan base and we anticipate setting the bar for how much worth a sports organization can give a community in the bitcoin age.”

Perth Heat Chief Bitcoin Officer Patrick O’Sullivan believed:

The Perth Heat are devoted to running according to a bitcoin standard and in doing so are shifting the corporate treasury from dollars to bitcoin.

He clarified: “The club has already developed a preliminary position in BTC … This is not a one-off purchase to hedge against future unpredictabilities or inflationary pressures. The Perth Heat are welcoming the reality that the future of money and corporate treasuries will live on the Bitcoin blockchain.”

Tags in this story
accept bitcoin payments, accept payments in bitcoin, embrace bitcoin standard, Australian Baseball League group, australian baseball team, baseball team, bitcoin balance sheet, bitcoin requirement, bitcoin treasury, dollar to bitcoin, pay gamers in bitcoin, pay personnel in bitcoin, perth heat, sports group

What do you think of the Perth Heat adopting the bitcoin requirement? Do you think other groups will do the same? Let us know in the comments area listed below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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In Case You Missed It Published at Fri, 19 Nov 2021 01:30:58 +0000

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