.Saylor: MicroStrategy to present various Bitcoin LightningNetwork-based products next year. WuBlockchain
Earlier this month, about a week ago, the company, for the first time, sold 704 Bitcoins, gaining approximately $11.2 million on the sale. Curiously, this sell-off took place after Saylor said multiple times this year that MicroStrategy would never sell any of its BTC since it plans to hold them for at least several years .
Michael Saylor, the co-founder, is no longer the chief executive of the company but remains its executive chairman. He opted to give this position over to high-ranking executive Phong Le in August in order to place more focus on the Bitcoin strategy for his company. He remains a Bitcoin evangelist, despite MicroStrategy having sold a small portion of its BTC stash a week ago.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microstrategy Buys More Bitcoin — Company's Crypto Holdings Grow to 132,500 BTC – Featured Bitcoin NewsMicrostrategy is now holding approximately 132,500 bitcoin following its most recent $BTC purchases. crypto cryptocurrency
Read more »
MicroStrategy Adds 2500 BTC: Total Stack Now 132,251 BitcoinMicroStrategy has spent around $4.03 billion to accumulate its entire bitcoin stash over the years.
Read more »
MicroStrategy to offer Bitcoin Lightning solutions in 2023MicroStrategy Executive Chairman Michael Saylor says his firm is planning to release Bitcoin Lightning Network-powered software and solutions in 2023. The company is exploring several areas including 'support' for enterprise marketing and added security for corporate websites.
Read more »
Microstrategy Bitcoin purchase divides the crypto communityMicrostrategy's latest Bitcoin buy puts the firm’s total holdings at 132,500 BTC, worth around $2.1 billion at the time of writing.
Read more »
MicroStrategy just did what CEO Michael Saylor said would never happenMicroStrategy just did was CEO Michael Saylor once said would never happen: it sold bitcoin
Read more »
MicroStrategy adds to Bitcoin stake despite steep lossHow has Microstrategy responded to steep losses in its Bitcoin holdings? By buying more.
Read more »