Crypto commentators are “bullish” on MicroStrategy’s plan, predicting it will propel the company ahead of not just other public firms but countries too.
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Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and emphasized the company’s financial strategies. Despite net losses, Microstrategy remains committed to its bitcoin strategy. Microstrategy Expands Bitcoin Holdings Microstrategy Inc. (Nasdaq: MSTR) reported its […]
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MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account.
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