NEWS

Perth Heat baseball team to pay players in Bitcoin

Perth Heat, one of the most successful Australian Baseball League sides, entered the cryptocurrency market by saying on Wednesday that they would pay players and staff in bitcoin, adding they were the first team to do so in the world.

The Heat, who have won four ABL championships in the modern era, said that they had partnered with Bitcoin company OpenNode to accept and send Bitcoin payments powered by the Lightning Network.

“We know the community looks to the Heat as a model of success and hope our adoption of a Bitcoin Standard will inspire others to embrace a monetary system that demands value creation to thrive,” Heat CEO Steven Nelkovski said in a statement.

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