Octagon Networks has finished the process of converting its liquid assets and entire balance sheet into Bitcoin.
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Today will be by my last day at Octagon
Seems like an odd combo of a blog-post, no? It's like -- "We switched to sats, my work here is done. BTW, I'm out, good luck sukkaz"
Odd, but maybe still holds equity or something, and wanted to ensure that the corporate funds (treasury) is not depleted, so putting funds in bitcoin not only gives public visibility (to him at least, as he knows the address(es)), but with multisig, the comfort knowing that spending from it would need (cryptographic) signatures of multiple execs.
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