MicroStrategy's Bitcoin holdings ¹:
- *214,400 Bitcoin Holdings*: MicroStrategy holds 214,400 Bitcoin, acquired at a total cost of $7.54 billion, with an average purchase price of $35,180 per Bitcoin.
- *$1.65 billion investment*: The company invested $1.65 billion to acquire 25,250 additional Bitcoins since the end of Q4.
- *Total Revenues*: MicroStrategy reported total revenues of $115.2 million, a 5% year-over-year decrease.
- *Subscription Services Revenues*: Subscription services revenues increased by 22% year-over-year to $23.0 million.
- *Bitcoin Strategy*: MicroStrategy's strategy is focused on Bitcoin, with a long-term perspective, and it continues to accumulate and hold Bitcoin as a treasury reserve asset.
- *Leadership Change*: Michael Saylor stepped down as CEO and Phong Le took over as CEO, with Saylor becoming the Executive Chairman, focusing on Bitcoin strategy and advocacy.
MicroStrategy's significant investment in Bitcoin reflects its commitment to the cryptocurrency and its long-term potential. The company's strategy is centered around Bitcoin, and it continues to accumulate and hold it as a treasury reserve asset. The leadership change, with Michael Saylor stepping down as CEO and Phong Le taking over, marks a new chapter for the company, with Saylor focusing on Bitcoin strategy and advocacy as the Executive Chairman