Technology company MicroStrategy is looking to recruit a software engineer to build a a Lightning Network-based SaaS platform.
For the week, shares of business intelligence specialist and Bitcoin buyer MicroStrategy Incorporated (NASDAQ: MSTR) traded 8.5% higher as of 2:04 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence. It's hard to say exactly what is driving the stock's climb, although the price of Bitcoin is up about 2.65% this week. Last week, MicroStrategy revealed in a regulatory filing that the company purchased more than 300 Bitcoin tokens between August 2 and September 19 for roughly $6 million, which equates to an average price of less than $20,000 per token.
(Bloomberg) -- Another round of executive departures hit the crypto industry Tuesday, the latest sign that the fallout from this year’s steep drop in prices -- also marked by a pullback in venture capital, widespread layoffs and growing regulatory scrutiny -- has yet to run its course. Most Read from BloombergGazprom Halts Gas Supplies to Italy in Latest Energy BattleFed Begins to Split on the Need for Speed to Peak RatesIndonesia Suspends Football Matches as Riot Kills at Least 129Get Ready for