According to a statement made by the CEO of MicroStrategy, MicroStrategy has changed its corporate e-mail address to Lightning!
MicroStrategy Turns Company E-mail into Bitcoin Lightning
In March 2021, the world-renowned business intelligence firm MicroStrategy, which adopted BTC in March, collected a total of 140,000 Bitcoins at the cost of 4.17 billion dollars since then. Michael Saylor, the CEO of this company, which has taken such a serious approach to Bitcoin, recently announced that the company had converted its corporate e-mail address into a Lightning address.
The former MicroStrategy CEO disclosed this in an April 17 tweet, adding that “people keep sending me 21 sats.”
With this development, people will now be able to send Bitcoin to Saylor using their email as an identifier.
Wu Blockchain, a crypto-focused news page run by Colin, reported that “the integration uses the Lightning Address protocol, which allows developers to replace standard Lightning payment requests with Internet identifiers, such as email addresses.”
Communities Satisfied with the News
When MicroStrategy’s CEO Michael Saylor shared this development on social media, countless community members welcomed the news and tagged Coinbase CEO Brian Armstrong in the development. Armstrong was tagged because the CEO recently announced that Coinbase, the US-based cryptocurrency exchange, will integrate this feature.
In fact, in 2022, Michael Saylor made statements that the company was working on the Lightning product. Even then, the BTC maxi described Lightning as the “internet of money” and a technological investment.
Bitcoin Lightning Network
The adoption of the Bitcoin Lightning network is increasing day by day. The total value of assets locked on the layer2 payment network currently stands at 5,328 BTC – roughly $162 million – according to DeFillama data.
Since adopting Bitcoin, the company has collected a total of 140,000 Bitcoins for an average of $4.17 billion. In addition, several traditional financial institutions are buying shares of MicroStrategy to gain indirect exposure to cryptocurrency technology. The company’s stock is one of the best-performing crypto stocks in 2023, up 114% by year-to-date measurement.
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