MicroStrategy Ends Q1 With Net Income For The First Time In Two Years, Thanks To Bitcoin

MicroStrategy (NASDAQ: MSTR), the largest public, non-crypto holder of Bitcoin, reported its first profit in nine quarters after claiming a tax gain due to its bitcoin hoard. In Q1 2023, the software firm headed by Bitcoin advocate Michael Saylor earned $461 million, or $31.79 per share. During the period, the rise in the price of … Continue reading MicroStrategy Ends Q1 With Net Income For The First Time In Two Years, Thanks To Bitcoin