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MicroStrategy to Release Software App Powered by BTC Lightning Network in 2023: Michael Thaler

Delbert Williams IIBy No Comments2 Mins Read

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Yuri Molchan

Michael Thaler has hinted at a new BTC Lightning Network powered by MicroStrategy next year

In a recent Twitter Spaces, Chinese cryptocurrency journalist and cryptocurrency blogger Colin Wu, former CEO and current chairman of MicroStrategy, Michael Saylor, said that the business intelligence giant will develop software applications and solutions based on the Lightning Network. He tweeted that he said he would launch next year.

In particular, according to Wu, some of these applications will include the Lightning Network version of the browser.

Earlier this year, U.Today reported that MicroStrategy was hiring a Bitcoin Lightning software engineer. The business intelligence giant has since said it plans to create its own SaaS platform powered by the Bitcoin Lightning Network. The goal is to enable businesses to create e-commerce use cases for the Lightning Network with the new solution.

On December 28th, MicroStrategy acquired another portion of its flagship cryptocurrency and now holds 132,500 BTC worth nearly $4 billion. Yesterday, MicroStrategy purchased another 2,395 BTC. But there is a new twist to the story of holding the largest chunk of Bitcoin on MicroStrategy’s balance sheet.

Earlier this month, about a week ago, the company sold 704 Bitcoins for the first time, making a profit of about $11.2 million. Curiously, Thaler said several times this year that he would never sell BTC because MicroStrategy plans to hold it for at least several years (a ten-year period is also mentioned). , this sale took place.

Co-founder Michael Thaler is no longer the company’s chief executive officer, but remains executive chairman. He handed over this position to high-ranking executive Phong Le in his August, opting to focus more on his company’s Bitcoin strategy. He remains a Bitcoin evangelist even though MicroStrategy sold a small portion of his BTC holdings a week before him.



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Born in the early 80s in Milwaukee, Wisconsin, Delbert Williams II has always had a passion for writing. Even in high school, he earned excellent grades in English and writing classes. After attending John Marshall High School, he graduated from Project Stay Alternative High School in Milwaukee. From there, Delbert attended Milwaukee Area Technical College, where he studied music and communications. While he enjoyed these fields, his love for writing remained strong. In 2019, Delbert founded Hard Stack Street Mag, a publication that quickly gained a following for its unique and engaging content. As the founder and editor-in-chief of the magazine, he has worked tirelessly to produce quality articles that cover a wide range of topics, including music, art, culture, and politics. Now 42 years old, Delbert continues to pursue his passion for writing and journalism. Through Hard Stack Street Mag, he has created a platform that allows him to share his voice and perspective with readers from all over the world. With a strong background in writing and a deep understanding of the power of storytelling, Delbert Williams II is a writer to watch. He is dedicated to producing content that is both informative and engaging, and he is committed to using his platform to shine a light on important issues that are often overlooked by mainstream media.

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