Micro-strategy bought 30,000 digital currencies
A few days ago, Microstrategy, a US-listed company known for its accumulation of Bitcoin (BTC), released its fourth quarter financial report for 2023.
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A few days ago, Microstrategy, a US-listed company known for its accumulation of Bitcoin (BTC), released its fourth quarter financial report for 2023.
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MicroStrategy® Incorporated (Nasdaq: MSTR) ("MicroStrategy" or the "Company") today announced financial results for the three-month period ended December 31, 2022.
New data indicates that the company stood a bigger chance of more profits if it had opted for Ethereum (ETH).
He extended his praise for Bitcoin’s (BTC) features, terming the flagship cryptocurrency as a channel towards freedom.
“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.
Despite the general downturn in the crypto market, fourth-quarter earnings for the largest U.S. crypto trading platform beat analysts' expectations by 27%.
The company also highlighted that the deal with the Immutable X NFT marketplace will bring the company $150 million worth of IMX tokens upon "achievement of certain milestones."
MicroStrategy will not be taking a break from buying and hodling Bitcoin any time soon according to a letter to investors from the company’s CEO, Michael Saylor.