MicroStrategy Begins Hiring for Bitcoin Data Product

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MicroStrategy is assembling a blockchain analysis team. It would be the first Bitcoin-related software product from a company best known for CEO Michael Saylor’s high bet on BTC as a reserve asset.

The Tysons Corner, Va., Company called on LinkedIn on Friday for a blockchain data analyst and blockchain data engineer and stated in job postings that they will be joining a team that is “building an analytics platform with advanced metrics and insights for Bitcoin.”

MicroStrategy pointed out its interest in building blockchain data products last November and even stated its intention to rent them. At that time, executives did not go public with positions of interest and remained largely program-specific and referred to it as a potential data offer at that time.

But Saylor has spoken loudly about perceived flaws in Bitcoin’s data. He stated last October that “garbage” market data is holding back Bitcoin. “Where can you find something so incredibly compelling that has such poor data compared to other assets?” Said Saylor at the time.

For a man who has spent much of the last week asking his CEOs to adopt the Bitcoin standard, there is an obvious and vested interest in improving the “junk”.

MicroStrategy did not respond to a request for comment at press time.

The double rents add a rough picture of what could ultimately become a commercialized information offering for digital assets beyond Bitcoin. MicroStrategy wants analysts to have experience with public, private, and permission blockchains (the Bitcoin network is public and unauthorized).

A product would also provide shareable, digestible analytical insights as shown in the listings. The new engineer at MicroStrategy would be responsible for developing software that can turn data into “visualizations” that can be shared with a “wider audience.”

The job postings allow MicroStrategy to use Bitcoin Saylormania via the software intelligence area, which, as it is so easy to forget for a company with 71,079 BTC on its balance sheet, is the company’s longstanding business expertise.