The giant of Bitcoin investment, MicroStrategy, returns to the forefront of the scene with a project that might have very bad consequences for certain enterprises.
MicroStrategy Momentarily Puts Investing Aside
After having made a splash with the success of its Bitcoin investment strategy, MicroStrategy, the tech company directed by Michael Saylor, has recently announced its plans to enter a new domain. One with profound implications for crypto.
In fact, its founder has revealed on Twitter that MicroStrategy would develop its own crypto portfolio. It will be specially designed for businesses. The future wallets will at once be based on its principal Bitcoin network, and on its second layer, Lightning Network. In any event, Michael Saylor does not cease to sing its praises.
Throughout the course of this project, MicroStrategy seeks to offer a better experience in the use of cryptocurrencies. Notably, for societies that have not really taken the leap. All while promoting the adoption of Bitcoin as a means of payment.
In this area, the company aspires to promote the payment of compensation, even including salaries, made by its client businesses directly in Bitcoin. The reactions in the crypto sphere are unanimous, with many users expressing joy at the ability to test this option.
A Business That Will Cast a Shadow Over Crypto Platforms?
According to Mark Palmer, an analyst at Berenberg Capital Markets, MicroStrategy could well have the assets necessary to supplant the crypto platforms, Coinbase in particular.
While the latter must grapple with pressures from the
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Author: Laure Elizabeth IACOUCCI
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