Lisk Foundation To Convert 1,000 Bitcoin To ETH, Reason To Worry?

Max Kordek, the co-founder and CEO of Lisk recently announced via Twitter that the Lisk Foundation will convert 1,000 Bitcoin (BTC) to Ethereum (ETH) in the next 10 weeks, which will be held as part of the foundation’s long-term treasury. As Kordek explained in a commentary, the Lisk Foundation wants to stake its ETH, “but it won’t happen right away.”
The project gained wider notoriety during the Initial Coin Offering (ICO) craze in 2016 and 2017. At the time, the decentr