In a recent move, self-described Bitcoin development company MicroStrategy (MSTR) has accumulated an additional 122 BTC for $7.8 million. According to a recent X post shared by Founder Michael Saylor, MicroStrategy now holds a total of 214,400 Bitcoins. MicroStrategy released its financial report for the first quarter of 2024 on April 29, 2024. Reportedly, the […]
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- MicroStrategy acquires an additional 122 BTC for $7.8 million and currently holds 214,400 Bitcoins.
- The platform has accumulated 25,250 Bitcoins for $1.65 billion since the last quarter of 2023.
- The financial report of 2024 Q1 states that the company boasts a gross profit of $85.2 million in the quarter, representing a 74.0% gross margin.
In a recent move, self-described Bitcoin development company MicroStrategy (MSTR) has accumulated an additional 122 BTC for $7.8 million. According to a recent X post shared by Founder Michael Saylor, MicroStrategy now holds a total of 214,400 Bitcoins.
In April, @MicroStrategy acquired an additional 122 BTC for $7.8 million and now holds 214,400 BTC. Please join us at 5pm ET as we discuss our Q1 2024 financial results and answer questions about the outlook for #BusinessIntelligence and #Bitcoin. $MSTR https://t.co/h40yyrgEb0
— Michael Saylor
(@saylor) April 29, 2024
MicroStrategy released its financial report for the first quarter of 2024 on April 29, 2024. Reportedly, the company’s 214,400 Bitcoin holdings amount to a total of $7.54 billion, or $35,180 per Bitcoin, as of April 26. Since the last quarter of 2023, Mic…
The post MicroStrategy Adds 122 BTC for $7.8M, Now Holds 214,400 Bitcoins appeared first on Coin Edition.
