Microstrategy Expands Bitcoin Trove, Total Holdings Now Stand at 158,400 BTC – Bitcoin News
November 3, 2023
Microstrategy reported a 3.3% increase in total revenues to $129.5 million in the third quarter of 2023, even as the company took impairment losses of $33.6 million on its bitcoin holdings, according to the firm’s latest financial disclosure. The firm’s founder, Michael Saylor, revealed that Microstrategy purchased an additional 155 BTC for $5.3 million in October and the company now holds a…