Michael Saylor "MSTR Records $459 Million Net Profit This Month"

Source
JH Kim

Summary

  • Michael Saylor announced that MSTR recorded a net profit of $459 million this month through fund management.
  • The company reported purchasing 6,556 BTC at an average price of $84,785.
  • It suggested that holding Bitcoin contributed to the company's major financial performance.

Michael Saylor, founder of MicroStrategy (Nasdaq ticker: MSTR), which holds the most Bitcoin (BTC) among single companies, announced on the 21st (local time) via X (formerly Twitter) that "MSTR provided a total net profit of $459 million to shareholders this month through fund management." Previously, MicroStrategy reported that it had additionally purchased 6,556 BTC ($555.8 million) at an average price of $84,785 from the 14th to the 20th (local time) of this month.

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?