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MicroStrategy executives said Tuesday its 38,250 bitcoin treasury is boosting the business intelligence company’s market visibility in Q3 as its revenue rose 6.4% year-over-year and notched a net loss of $14.2 million. On a non-GAAP basis, the company posted a profit of $19.8 million, or $2.06 per share, up from
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Business intelligence firm MicroStrategy’s Bitcoin investment is paying off in a big way, with an estimated $100 million in profit. According to data published Oct. 27 by independent crypto researcher Kevin Rooke, MicroStrategy has earned more from its Bitcoin (BTC) investment than it did through its actual business for the last
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MicroStrategy is prepared to HODL its bitcoin for at least a century. Or so said the business intelligence firm’s founder and CEO, Michael Saylor, in an interview with CryptoX on Tuesday, shortly after he announced on Twitter that MicroStrategy was doubling down on the godfather cryptocurrency with the purchase of $175
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MicroStrategy has put even more of its treasury into bitcoin, Paxful is pulling out of Venezuela and the Bitmain power struggle appears to have found a short-term solution. Top shelfBitcoin buyMicroStrategy, a business intelligence company, told the U.S. Securities and Exchange Commission on Monday it “may increase” its BTC holdings beyond the $250
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Another week, another round of Crypto Tidbits. It’s been another volatile week for the Bitcoin market. In the past seven
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