MicroStrategy, With Bitcoin's Price Depressed, Looks to Lightning to Boost Usage, Saylor Says

Malaysia News News

MicroStrategy, With Bitcoin's Price Depressed, Looks to Lightning to Boost Usage, Saylor Says
Malaysia Latest News,Malaysia Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

.MicroStrategy's michael_saylor, who's wagered his software company's future on bitcoin, said he has developers working on ways to onboard large numbers of people onto the Lightning network. by Baidakova

Michael Saylor, who transformed a sleepy software firm into a cryptocurrency powerhouse via a multi-billion dollar bet on bitcoin, is now having the non-crypto part of the business work on bitcoin-related projects as well.

Speaking to the audience via video call, Saylor praised Lightning as “the most important thing going on in the world in technology.” He said MicroStrategy is looking for solutions that would allow companies to “roll out Lightning to a hundred thousand employees every day” or “open Lightning wallets for 10 million customers overnight.”

The announcement closely followed the one of the New York Digital Investments Group during the BitBlockBoom conference in Texas in August, opening afor a while, and he reiterated his trust in the technology’s big future.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin market dominance plumbs 4-year lows as BTC price ditches $20KBitcoin market dominance plumbs 4-year lows as BTC price ditches $20KA sub-$20,000 weekend begins for Bitcoin as market cap share dwindles.
Read more »

Ted Cruz Is Going to Bat for Cryptocurrency in the U.S. SenateTed Cruz Is Going to Bat for Cryptocurrency in the U.S. SenateU.S. Sen. Ted Cruz has some Bitcoin and says he's excited about the future of cryptocurrency.
Read more »

CoinDesk: Bitcoin, Ethereum, Crypto News and Price DataCoinDesk: Bitcoin, Ethereum, Crypto News and Price DataAs the much-anticipated EthereumMerge gets closer, KaikoData shows that the derivative markets are heating up. New money is returning to the perpetual futures markets more ferociously than ever. Chart of the Day explains, presented by cryptocom:
Read more »

It Was Cruel Summer for the Bitcoin MarketIt Was Cruel Summer for the Bitcoin MarketAfter bitcoin performed so poorly this summer, will it be absolutely, tremendously down in September? gckaloudis opines in this week’s Crypto Long & Short newsletter.
Read more »

Gas prices continue to decline in New Jersey, around nationGas prices continue to decline in New Jersey, around nationAnalysts say declines in global oil prices and modest demand helped ease prices from the all-time records set in June.
Read more »



Render Time: 2025-03-04 11:41:04