Main page News, Bitcoin

MicroStrategy on Monday announced new figures on its Bitcoin holdings and its Q1 2024 earnings report.

The report revealed the firm holds 214,400 Bitcoins, valued at a total of $7.54 billion or $35,180 per token.

In the last quarter, the company purchased an additional 25,250 Bitcoins for $1.65 billion at an average price of $65,232 per BTC. Saylor also shared on social media that the firm bought 122 more BTC for $7.8 million in April.

As of March 31, MicroStrategy reported holding 214,278 BTC, indicating that it may have acquired an additional 32 BTC after March 19.

The company also reported a 5% year-over-year decline in revenue of $115.2 million.

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.