MicroStrategy still doesn’t plan to sell its Bitcoin, according to the company’s new Chief Financial Officer Andrew Kang. The recent bear market, which has brought Bitcoin’s value below the company’s average purchase price, hasn’t shaken the organization’s faith. “At this time, we do not have any intention to sell,” said the CFO, after joining the company on May 9th hailing from GreenSky. “There are no scenarios that I’m aware [in which] we would sell.” Shareholders also remain confident and reportedly…
Tag: Revolution of Ethereum
Buterin Counts London Hard Fork Upgrade as Base to the Revolution of Ethereum
Today, the most significant upgrade to the Ethereum network just happened to revolutionize the Ether blockchain. The London hard fork incorporated a fee reduction feature called EIP 1599. According to ultrasound, in just a few hours of running, the fee cut had already gotten rid of $2 million worth of ETH. Money. Vitalik Buterin, the inventor behind the cryptocurrency, stated that the EIP 1559 is the most significant part of the upgrade. Currently, ETH is trading at 2,809.16, up 3.91%…
10 months ago 207
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