MicroStrategy returns to revenue and now owns $4.4B value of Bitcoin

Enterprise intelligence agency MicroStrategy — one of many largest company holders of (BTC) in america — managed to return to profitability within the second quarter amid a surge within the value of Bitcoin.

In a Q2 earnings outcomes submitting posted on Aug. 1, MicroStrategy reported $22.2 million in web earnings, a large swing from a web lack of $1.1 billion within the prior-year interval. Whole revenues have been principally flat at $120.4 million.

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