Michael Saylor, the co-founder of business intelligence software establishment, MicroStrategy, has integrated Bitcoin Lightning Network into his work email address. Saylor, who is a Bitcoin bull, tweeted a screenshot of a transaction that involved people transferring 21 Satoshis as a way of testing out the point. MicroStrategy has integrated Lightning Address protocol to allow users to link an “Internet Identifier” like an email address instead of copying long addresses or QR codes. It is unclear if this integration has been implemented in all commercial emails at the company.
The Lightning Network is a popular Bitcoin subcaste 2 scaling result that can process 1 million deals per second(TPS) for a base rate of 1 Satoshi or around four cents. Since March 2021, MicroStrategy has invested $4.17 billion to accumulate 140,000 BTC with an average purchase price of $29,800. With the current price of Bitcoin being $29,400, the company is down by 1.3% on its total investment. However, the company was in the green again for a brief moment last week when Bitcoin broke through the $30,000 mark.
Saylor, who now serves as CEO at the company, has been instrumental in MicroStrategy’s Bitcoin investment strategy aimed to strengthen the company’s balance sheet. Cointelegraph reached out to MicroStrategy for comments on its plans to integrate Lightning Network in other commercial email addresses but did not receive any immediate response. The integration of this network will not only make transactions faster and cheaper but also more user-friendly, removing any barriers or confusion that users may encounter while dealing with Bitcoin and its transactions.