Octagon Networks became the first cybersecurity company in history to fully convert all liquid financial assets into the first cryptocurrency.
Octagon completed the process of converting its assets into bitcoins and announced the start of accepting payments denominated in cryptocurrency assets. When paying for services with cryptocurrency, buyers receive a 50% discount.
According to Octagon Networks’ official blog, the company’s transition to the new financial model was inspired by the outstanding results achieved by MicroStrategy, run by Michael Saylor.
“As security researchers, engineers and hackers working in different countries, we have always admired the contribution of military-technical cooperation to the development of mankind. We appreciate the fact that Bitcoin has opened the door for us to work in cyberspace,” Octagon Networks said in an official statement.
In April, in preparation for the annual shareholders meeting, Michael Saylor wrote to investors with a letter in which he announced that his company would not only continue to invest in the first cryptocurrency, but also increase the volume of purchased bitcoins.
Source: Bits
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