Microsoft To Add Bitcoin Currency Support in Excel

Just a few days back, there were rumours that Microsoft is giving up on Bitcoin support for the Windows Store, and today we have the news which not only counters that but also makes the cryptocurrency a more important part in one of Microsoft’s important software.

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Image: http://imgur.com/TttrNFb

The future update for Excel will bring native support for Bitcoin currency format. The Excel is one of the most popular spreadsheet application that’s part of the Office productivity suite

“Now use Excel to track, calculate and analyze Bitcoin data using native Bitcoin number formatting options. Feature is being rolled out to Excel 2016 for Windows, Excel Online, Excel Mobile for Windows, and Excel Mobile for Android,” the description of the update reads

There is little information on the update, but if rumours are to be believed Microsoft plans to add support for eight decimal places instead of two or BTC or XBT currency format in Excel for easier data compilation.

Earlier, there were doubts raised over Microsoft commitment to Bitcoin currency due to incorrect information that made its way to Microsoft’s support site FAQ page. Microsoft released a statement shortly thereafter, apologising for the mistake and reiterating its commitment for Bitcoin, explaining that the cryptocurrency would continue being supported by its products.

“We continue to support Bitcoin for adding money to your Microsoft Account which can be used for purchasing content in the Windows and Xbox stores. We apologize for inaccurate information that was inadvertently posted to a Microsoft site, which is currently being corrected.”

As far as the timing for the update is concerned, there is no concrete information, but we expect the same to be released later some time this year. It might make it’s way to insiders build first but nothing is certain.