Home Press Release MicroStrategy converts company mail to Bitcoin lightning address

MicroStrategy converts company mail to Bitcoin lightning address

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MicroStrategy Chairman Michael Saylor has revealed that the company has changed its company email address to a Lightning address.

Former CEO of MicroStrategy disclosed This was a tweet dated April 17, adding, “People keep sending me 21 sats.”

This conversion allowed BTC to be sent using Thaler’s email as an identifier.

Bitcoin Enthusiast Walker Said business intelligence company Integrated Add Lightning capabilities to all corporate addresses.

MicroStrategy does not yet support it. of crypto slate Request for comments at press time.

Wu Blockchain reports, “This integration uses the Lightning Address Protocol, which allows developers to replace standard Lightning payment requests with Internet identifiers such as email addresses.”

Community welcomes integration

Meanwhile, several crypto community members have welcomed the news. Tagging Coinbase CEO Brian Armstrong said of the development: The Coinbase CEO recently hinted that the US-based cryptocurrency exchange will integrate the feature.

In 2022, Saylor has confirmed that MicroStrategy is working on its own Lightning product. At the time, BTC Maxi described Lightning as the “Internet of Money” and technology investment.

The adoption of the Bitcoin Lightning Network has grown in recent years. According to DeFillama, the total amount of assets locked in the Layer 2 payment network is currently 5,328 BTC (approximately $162 million). data.

Meanwhile, MicroStrategy has spent $4.17 billion to amass 140,000 BTC since adopting the BTC standard in March 2021. His BTC holdings in the company recently turned positive after digital assets briefly traded above his $30,000.

Several traditional financial institutions have purchased MicroStrategy shares to gain indirect exposure to BTC. The company’s stock is one of the best performing crypto stocks in 2023, up 114% year-to-date.

MicroStrategy’s post on converting company emails to Bitcoin Lightning addresses first appeared on CryptoSlate.

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