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. First came word that Celsius Network Ltd.’s Chief Executive Officer Alex Mashinsky -- who helped found the crypto lender and was a cheerleader for its sky-high yield offerings until the company ran into trouble --