when it comes to receiving payment that comes in the form of salary in bitcoin, regardless of bullish you are about bitcoin, if you are do not have alternative funds somewhere else that stands as a backup to your salary, you don't have a choice than always converting it to cash immediately you are being paid. for the CEO, it is most likely that he is earning a decent amount that is enough to carter for most of his needs even without selling off his salary that is being paid in bitcoin. if instead of that everything he is earning is directly coming in through bitcoin, then there is no just way that he will not sell off his holding.
Having another source of income will help this CEO if he intends to hold the entire salary paid in Bitcoin. But he can decide to convert a percentage of the Bitcoin to fiat which would take care of his need. While the rest can be kept safely in a wallet as an investment.
Some investors who are salary earners apply the DCA strategy to accumulate Bitcoin. Since the firm
is crypto
-related
its, it's a good move for the Chief
executive atleastExecutive, at least he is showing the shareholders and clients that Bitcoin is a
reliable currency.