Michael Saylor "MSTR Records Average Daily Net Profit of $180 Million Last Week"

Source
Suehyeon Lee

Summary

  • Chairman Michael Saylor announced that MSTR provided shareholders with an average daily net profit of over $100 million through fund management.
  • MSTR achieved a 3.3% return last week, providing shareholders with a net profit of 13,270 BTC.
  • MicroStrategy purchased an additional 21,550 BTC last week, bringing its total holdings to 423,650 BTC.

Michael Saylor, chairman of MicroStrategy (NASDAQ ticker: MSTR), announced that through fund management last week, the company provided shareholders with an average daily net profit of over $100 million.

On the 11th (local time), Saylor stated on his X (formerly Twitter) that "MSTR recorded a 3.3% return through fund management last week. Simply calculated, this provided shareholders with a net profit of 13,270 BTC."

He further explained, "This amounts to an average of 1,896 BTC per day, valued at $186 million." Meanwhile, MicroStrategy purchased an additional 21,550 BTC last week, bringing its total Bitcoin holdings to 423,650 BTC.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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