MicroStrategy Returns to Profitability Thanks to $8.17B Bitcoin Holdings

The largest publicly traded holder of Bitcoin, MicroStrategy, has bounced back to profitability in the fourth quarter, bolstered by a significant tax benefit linked to its substantial cryptocurrency reserves. MicroStrategy disclosed this development during its recent presentation of financial records for the last quarter of 2023. Specifically, the company, led by Bitcoin advocate Michael... source: https://coinedition.com/microstrategy-returns-to-profitability-thanks-to-8-17b-bitcoin-holdings/