Update (1st August 16:05 BST): Article now includes comment from Overstock's Judd Bagley.
Online retail giant Overstock has announced plans to offer its employees a bitcoin bonus scheme.
Under the scheme, Overstock employees will be incentivised to accept their bonuses in bitcoin by offering a premium over cash payments.
Bagley told CoinDesk:
Bitcoin sales news
Bagley also told Mashable that Overstock's the most popular items bought with bitcoin were "sheets", while bitcoin sales had reached $2m "just recently".
A glance at the figures reveals that Overstock had more bitcoin purchases in the first two months of bitcoin sales than it did in the last five months.
Overstock's initial projections for sales processed with bitcoin were $3-5m this year, but that figure was revised to $10-15m in March. At this point, it seems the original projection might be more realistic.
Bullish on bitcoin
Although bitcoin sales have failed to hit Bryne's optimistic forecast, the company is still committed to bitcoin and seems keen to introduce policies that encourage bitcoin adoption.
A month ago, Byrne said Overstock would start offering "special deals" to vendors willing to be paid in bitcoin. The deals could involve discounts and favourable terms. Byrne also revealed Overstock may offer its employees the option to get paid in bitcoin, so the bonus scheme could be just the first step in this process.
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