MicroStrategy adds 122 Bitcoins for $7.8 million, now holds 214,400 Bitcoins in Coin Edition

  • MicroStrategy acquired an additional 122 BTC for $7.8 million and currently holds 214,400 Bitcoin.
  • Since the last quarter of 2023, the platform has accumulated 25,250 Bitcoins worth $1.65 billion.
  • The financial report for the first quarter of 2024 shows that the company’s gross profit for the quarter was US$85.2 million, with a gross profit margin of 74.0%.

In a recent move, self-proclaimed Bitcoin development company MicroStrategy (MSTR) amassed an additional 122 Bitcoins for $7.8 million. According to a recent X post shared by founder Michael Saylor, MicroStrategy currently holds a total of 214,400 Bitcoins.

MicroStrategy released its first quarter 2024 financial report on April 29, 2024. Since the last quarter of 2023, Mic…

The post MicroStrategy Adds 122 Bitcoins for $7.8M, Now Holds 214,400 Bitcoins appeared first on Coin Edition.

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