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Bitcoin Lightning address is a digital wallet used to send and receive bitcoins.
No is not a wallet. A LN address is just a web request for a LN invoice from a LN node.
convert their emails into Bitcoin Lightning addresses
There's no such thing. Email have nothing to do with a LN address, only look like similar, for the convenience of the user, to be human readable. What Microstrategy did is just creating a LN address for each employee. Not such big deal.
Let's slow down a bit all this cheap FOMO.