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MicroStrategy Adds 122 BTC for $7.8M, Now Holds 214,400 Bitcoins


Apr, 30, 2024
< 1 min read
by CoinEdition
MicroStrategy Boasts a Gross Profit of $85.2 Million in 2024 Q1
  • 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.

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.

Read the article at CoinEdition

Read More

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MicroStrategy Adds 122 BTC for $7.8M, Now Holds 214,400 Bitcoins


Apr, 30, 2024
< 1 min read
by CoinEdition
MicroStrategy Boasts a Gross Profit of $85.2 Million in 2024 Q1
  • 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.

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.

Read the article at CoinEdition

Read More

30 days of Runes: Interest fizzles after spectacular launch

30 days of Runes: Interest fizzles after spectacular launch

Runes launched on April 20, the day of Bitcoin’s fourth halving. Fueled by the hype s...
May, 22, 2024
3 min read
by CryptoSlate
Perennial Bitcoin Accumulators Bought Big Ahead Of Rally, Data Shows

Perennial Bitcoin Accumulators Bought Big Ahead Of Rally, Data Shows

On-chain data shows that Bitcoin addresses with zero sales histories participated in ...
May, 22, 2024
2 min read
by Bitcoinist