Michael Saylor, the founder and CEO of MicroStrategy (Nasdaq: MSTR), has announced via Twitter that the company has recorded a remarkable $17.6 trillion quarterly net income through its investment operations. This equates to a 46.4% return on investment year-to-date. MicroStrategy's net income is primarily attributed to its significant Bitcoin holdings. At the current Bitcoin price of $105,000, the company's 116,940 BTC of net income is valued at approximately $12.28 billion. Saylor's announcement highlights the growing institutional adoption of Bitcoin and the potential for substantial returns through investment in cryptocurrencies. MicroStrategy's strong performance is a testament to the company's long-standing belief in Bitcoin's long-term value.
Michael Saylor Announces Record-Breaking Quarterly Net Income for MicroStrategy
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