MicroStrategy’s Michael Saylor Giving Away Bitcoin: Details

BTC

Former CEO of company promises Bitcoin giveaway, it is to do with BTC Lightning Network

MicroStrategy founder Michael Sayler, who stepped down as the company’s CEO in August to focus on its further bitcoin strategy and acquisitions, found himself in a partnership with Swedish researcher and current CIO of the Arcane Assets Fund, Eric Wall, on the Bitcoin Lightning Network. involved in the debate about.

As part of it, Saylor decided to give away some Bitcoin.

three million satoshi cheaper

Eric Wall created a public poll on his Twitter page to pick the brains of his followers to see if they believe the former head of microstrategy has ever made more than three transactions using the Bitcoin Lightning Network.

Saylor responded “yes” to that and promised to make “three more transactions,” each carrying 1,000,000 Satoshis, to three people who post memes about the Lightning Network in the comments to the tweet and who get the biggest amount of likes.

This trolling of Saylor by the Arcane Assets CIO apparently began after Saylor announced that Microstrategy had begun developing its own SaaS (Software as a Service) based on the Bitcoin Lightning Network to enable enterprises to create new To provide solutions to enable e-commerce use cases.

In the comment thread, Wall continued making fun of Saylor, launching a Twitter poll that suggested that the aforementioned post about the BTC giveaway was published by Saylor’s assistant.

Saylor Steps Down CEO, But Still Focuses on Bitcoin

Despite the fact that Sailor stepped down as chief executive, he remained at the company as executive chairman. The position of CEO has been given to Fong Le, who has been the company’s chairman since 2020.

Michael Saylor will now focus more on the firm’s Bitcoin acquisition strategies and products based on the flagship cryptocurrency and, as we see from the said debate, on Bitcoin Lightning Network.

Currently, MicroStrategy holds about 130,000 bitcoins – it has been buying BTC since August 2020 – and is the company with the largest amount of BTC on its balance sheet. At the time of writing, this amount of BTC is approximately $3.9 billion.

admin

Read Previous

1.06 Trillion SHIB Moved to Coinbase as SHIB Goes up 5%, Are Whales Selling?

Read Next

Here’s What Cardano’s “Superpower” Is, Developer Explains

Leave a Reply

Your email address will not be published. Required fields are marked *

Right Menu Icon