MicroStrategy To Unveil Bitcoin Lightning Solutions In Q1 2023: Saylor
On 28th December, Michael Saylor and MicroStrategy announced that the company added 2,500 Bitcoins [worth $41 million] to its reserves. Presently, the firm holds 132,500 BTC which have been acquired for $4.03 billion or at an average price of $30,397 per BTC. Now, on a Twitter Space a few hours back, the Executive Chairman of the Business-Intelligence (BI) company revealed his firm’s plan to release Bitcoin Lightning Network-powered software and solutions next year. He said, “We have teams working on it and are looking to bring something out by next year. We expect to show something in the first quarter.” Saylor noted that his transition from CEO to Executive Chairman aided the company’s Bitcoin arm to focus more on ways to buy, hold BTC and contribute to the ecosystem. Elaborating on the Lightening Network tangent, he said, “We want to make it possible for any enterprise to spin up Lighting infrastructure in an afternoon. We want to plug it into enterpris...