Octagon Networks Converts Full Balance Sheet Into Bitcoin


  • Octagon Networks has converted its entire balance sheet into bitcoin.
  • The company will also begin accepting bitcoin as payment for all services, offering a 50% discount to customers using BTC.
  • Octagon said MicroStrategy inspired the particular business model it is adopting for its Bitcoin strategy.

Octagon Networks has become the first cybersecurity company to convert its entire balance sheet into bitcoin, per a statement on Octagon’s website.

The company said its next goal is to enable Bitcoin payments for all services while offering a 50% discount when paid in bitcoin.

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