MicroStrategy joined a consortium of major financial and digital asset firms to enhance Bitcoin’s long-term security. Founding members include BlackRock, Coinbase, and Fidelity Digital Assets.
The nine founding members pledged $15 million over three years to establish the Bitcoin Security Consortium. This funding will support developers and researchers.
The initiative primarily addresses potential future threats from quantum computers by supporting research into post-quantum cryptography. This proactive measure aims to protect the Bitcoin network from advanced computational risks emerging in the coming years.
MicroStrategy CEO Phong Le stated that as a long-term holder, the company has every incentive to ensure Bitcoin remains secure for generations.