Microstrategy will launch applications on Bitcoin Lightning Network in 2023
In a Twitter Spaces, Michael Saylor revealed that MicroStrategy was working on plans to develop Bitcoin Lightning Network solutions and applications in 2023. The firm, famous for its interest in Bitcoin, has indeed plans to increase Bitcoin adoption by implementing and incentivizing Lightning-powered services.
MicroStrategy keeps accumulating Bitcoin in the bear market, buying some 2,500 BTC, worth approximately $41 million, adding up to a grand total of around 132,500 Bitcoin, with an average price of $30,397, sitting on unrealized losses of around $1.8 billion at the moment.
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