MicroStrategy Now Adopts Bitcoin Lightning Addresses For All Company Emails
In a groundbreaking move, MicroStrategy, the world’s largest publicly-traded business intelligence firm, has announced that it will now be using Bitcoin Lightning Network addresses for all company emails. This decision is a testament to the company’s commitment to the adoption and promotion of cryptocurrencies, particularly Bitcoin.
For those who are not familiar, the Bitcoin Lightning Network is a second-layer protocol built on top of the Bitcoin blockchain. It allows for faster and cheaper transactions by facilitating off-chain transactions between users. With Lightning, transactions can be processed in a matter of seconds and with significantly lower fees than on-chain transactions.
MicroStrategy has been a trailblazer in the adoption of Bitcoin as a treasury reserve asset. The company first made headlines in August 2020 when it announced that it had purchased 21,454 bitcoins at an aggregate purchase price of $250 million. Since then, the company has continued to accumulate more bitcoins and currently holds over 90,000 BTC, worth more than $5 billion at current prices.
Now, with the adoption of Lightning Network addresses for all company emails, MicroStrategy is taking its commitment to Bitcoin adoption to the next level. By using Lightning, the company will be able to facilitate faster and cheaper payments to its clients and suppliers, which will ultimately help to streamline its operations.
In a statement announcing the move, MicroStrategy CEO Michael Saylor said, “We are thrilled to be taking this important step towards Bitcoin adoption. By using Lightning Network addresses for all company emails, we are making it easier for our clients and suppliers to transact with us in a fast and secure manner. We believe that Bitcoin is the future of money, and we are committed to doing our part to help bring about its adoption.”
The move by MicroStrategy is a significant development for the broader cryptocurrency ecosystem. As more companies and individuals adopt Bitcoin and other cryptocurrencies, the need for faster and cheaper payment solutions will only continue to grow. The Lightning Network is one of the most promising solutions to this problem, and its adoption by a major player like MicroStrategy is a positive sign for the technology’s future.
In conclusion, MicroStrategy’s decision to adopt Bitcoin Lightning Network addresses for all company emails is a significant milestone in the adoption of cryptocurrencies. By making it easier for its clients and suppliers to transact in Bitcoin, the company is helping to drive adoption of the technology and promote its benefits. As more companies follow MicroStrategy’s lead, we can expect to see further growth and development in the cryptocurrency ecosystem.