According to CoinMeta, as reported by U.Today, Strategy, the world's largest corporate Bitcoin holder, recently stated that the Bitcoin network can implement new security measures as needed to counter the threat of quantum computing attacks. Michael Saylor, co-founder of the company and a pro-Bitcoin advocate, said that quantum-resistant upgrades can be carried out when necessary. Although there is currently no known quantum computer capable of successfully cracking Bitcoin's encryption, Saylor estimates that it would take about 90 days to upgrade to quantum-resistant encryption once global consensus is reached. Strategy is also part of a Bitcoin security alliance composed of seven major financial institutions and crypto companies, which has committed to investing $15 million over three years in research on post-quantum encryption technologies.