MicroStrategy returns to learn and now owns $4.4B worth of Bitcoin

MicroStrategy returns to revenue and now owns $4.4B worth of Bitcoin

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Business intelligence firm MicroStrategy — one of the most finest company holders of Bitcoin (BTC) in the USA — managed to return to profitability in the 2nd quarter amid a surge in the worth of Bitcoin.

In a Q2 earnings results submitting posted on Aug. 1, MicroStrategy reported $22.2 million in discover revenue, a huge swing from a discover loss of $1.1 billion in the prior-one year duration. Total revenues were largely flat at $120.4 million.

<em>Bitcoin stamp over the closing three months. Provide: Cointelegraph Markets Pro</em>

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