Coin

<ul class="news-points">
 <li><strong>MicroStrategy acquires an additional 122 BTC for $7.8 million and currently holds </strong><strong>214,400 Bitcoins.</strong></li>
 <li><strong>The platform has accumulated 25,250 Bitcoins for $1.65 billion since the last quarter of 2023.</strong></li>
 <li><strong>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.</strong></li>
</ul>
<p>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&nbsp; X post shared by Founder Michael Saylor, MicroStrategy now holds a total of 214,400 Bitcoins.</p>
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   <p lang="en" dir="ltr">In April, <a href="https://twitter.com/MicroStrategy?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@MicroStrategy</a> acquired an additional 122 BTC for $7.8 million and now holds 214,400 BTC. Please join us at 5pm ET as we discuss our Q1 2024 financial results and answer questions about the outlook for <a href="https://twitter.com/hashtag/BusinessIntelligence?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#BusinessIntelligence</a> and <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a>. <a href="https://twitter.com/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$MSTR</a> <a href="https://t.co/h40yyrgEb0" target="_blank" rel="noopener noreferrer nofollow">https://t.co/h40yyrgEb0</a></p>— Michael Saylor <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@saylor) <a href="https://twitter.com/saylor/status/1785037831175630938?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 29, 2024</a>
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<p>MicroStrategy released its<a href="https://www.microstrategy.com/press/microstrategy-announces-first-quarter-2024-financial-results-now-holds-214-400-btc_04-29-2024" target="_blank" rel="noopener noreferrer nofollow"> financial report</a> 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…</p>
<p>The post <a href="https://coinedition.com/microstrategy-adds-122-btc-for-7-8m-now-holds-214400-bitcoins/" rel="noopener noreferrer nofollow">MicroStrategy Adds 122 BTC for $7.8M, Now Holds 214,400 Bitcoins</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

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

Coin Edition

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