MicroStrategy to Bring Lightning Solutions in 2023 to Contribute to the Ecosystem: Michael Saylor

MicroStrategy to Bring Lightning Solutions in 2023 to Contribute to the Ecosystem: Michael Saylor

The Executive Chairman of MicroStrategy, Michael Saylor, has made new revelations about the company’s plan for BTC in 2023 in a Twitter space conversation on Wednesday. Saylor said the software firm seeks to contribute more to the Bitcoin ecosystem by launching Lightning Solutions.

By 2023, MicroStrategy will offer software applications and solutions powered by the Bitcoin Lightning Network, as opposed to Amazon AWS and Microsoft Azure cloud servers, according to the company’s executive chairman. Consequently, MicroStrategy seeks to hire a Bitcoin Lightning Software Engineer to help the firm build a SAAS platform on the Lightning Network.

With Lightning services, Microstrategy will focus on online content monetization, web paywalls, enterprise marketing, and internal corporate controls to introduce Bitcoin Lightning solutions.

According to Saylor, MicroStrategy wants to push the Lightning Network to become an enterprise technology. As part of its Lightning Network onboarding solution, MicroStrategy will provide enterprises with tools for Bitcoin and Lightning ecosystems.

“We want to make it possible for enterprise to spin up Lightning Infrastructure in an afternoon and onboard thousands of employees or customers,” Saylor said

Saylor believes that once the solutions are out, every Chief Marketing Officer will utilize them as a marketing strategy. He stated that CMOs could encourage customers to give feedback or post reviews for incentives through the Lightning Network.

MicroStrategy Adds More BTC to its Treasury

In a recent filing to the U.S. Securities and Exchange Commission (SEC), MicroStrategy revealed that it acquired about 2,500 BTC. Presently, the firm holds 132,500 BTC acquired for $4.03 billion at an average price of $30,397 per BTC.

Saylor explained that the firm would invest in BTC on a long-term plan. He added that there are no limits to the extent MicroStrategy can reach with its BTC exploit. Saylor affirmed that MicroStrategy believes BTC is the future of money, and the firm expects it to be worth millions in the years ahead.

Compiled by Metacrunch. Metacrunch is a news complier and aggregator platform which aims to spread awareness and updates on Metaverse, Web 3.0 Technology, Blockchain, Cryptocurrency, NFTs, Airdrops and many more.

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