Fold launches a "Bitcoin Bonus Program" that allows companies to distribute bonuses to employees in Bitcoin.

CoinFeed reported on April 24th that, according to Decrypt, Bitcoin financial services company Fold has launched a "Bitcoin Bonus Program," allowing businesses to distribute recurring bonuses to employees in Bitcoin. Steak 'n Shake is the first partner, with over 10,000 hourly workers receiving a $0.21 Bitcoin bonus for each hour they work, vesting fully after two years. The program is operated by Fold Business, handling all custody and compliance requirements, enabling traditional businesses to offer crypto incentives without managing their own technical infrastructure. Fold plans to expand its business to include payroll, corporate Bitcoin treasury management, and corporate credit cards.