MicroStrategy hires staff to develop data software for Bitcoin

MicroStrategy hires staff to develop data software for Bitcoin - MicroStrategy bitcoinMicroStrategy has a new plan to assemble a team involved in blockchain analytics. It would be the first bitcoin-related software product from a company that became known mostly thanks to CEO Michael Saylor's huge bet on BTC as a reserve asset.

MicroStrategy wants to fill in the gaps in data analysis on Bitcoin

MicroStrategy, based in Tysons Corner, Virginia, posted two positions on LinkedIn for a Blockchain Data Analyst and a Blockchain Data Engineer on LinkedIn on Friday, explaining in the job offers that the two professionals will join a team "that builds a platform. of analysis with advanced parameters and insights for Bitcoin ".

MicroStrategy had hinted at its interest in building blockchain data products last November and had even already stated its intention to hire new dedicated staff.

Company executives have not made any public statements since then confirming a real interest in the project, almost all of them remained silent on the specifics of the program, describing it at the time as a potential work on data.

Saylor, on the other hand, was much more explicit, speaking of perceived shortcomings in public bitcoin data (quotation BTC). He said last October that "junk" market data out there is one factor holding back bitcoin's potential.

"Where can you find something so incredibly compelling that contains such negative data compared to other resources?" Saylor said at the time. For a man who has spent much of the past week almost begging his fellow CEOs to adopt the bitcoin standard, there is an obvious and entrenched interest in improving this so-called "junk". For now, MicroStrategy hasn't posted any comments on the new hires and related projects.

Software intelligence to improve the company's investment experience

The new professionals sought by the company add a rough image to what could eventually become a commercialized intelligence offering for digital assets beyond just bitcoin.

MicroStrategy wants public, private, and permissioned blockchain expert analysts. (The Bitcoin blockchain is public and unauthorized.) A product would also produce shareable and digestible analytical insights, the lists indicate.

The new MicroStrategy engineer would be responsible for developing software that can turn collections of data into "visualizations" that can be shared with "a wider audience".

The new job postings allow MicroStrategy to capitalize on Saylormania in buying bitcoin through the software intelligence space, which is, to date, the company's longest running business experience. And it is certainly not negligible considering that there are 71.079 BTC in the company's balance sheet, equivalent to $ 2,612 billion, purchased at an average price of $ 16.109 per BTC.