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Market Analysis Report (19 Oct 2020)

Date:

MicroStrategy, the billion-dollar business intelligence firm that invested $425 million into bitcoin this year, has redirected the premium hope.com domain to a page focused on offering user educational resources on bitcoin.

The resources largely comprise press material explaining MicroStrategy’s $425 million bet on bitcoin. In a tweet explaining the redirection of Hope.com, MicroStrategy’s CEO, Michael Saylor, said bitcoin “represents hope to billions of people in need of an instrument of economic empowerment.”

MicroStrategy was notably the firm that sold Voice.com for $21 million to Block.one, the firm behind the EOSIO blockchain protocol, for it to launch a cryptocurrency-powered social media platform on the domain.

MicroStrategy also owns Wisdom.com, Strategy.com, Courage.com Glory.com, and other premium domain names.

Source: https://www.cryptocompare.com/email-updates/daily/2020/oct/19/

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