Microstrategy Increases Bitcoin Holdings to 226,500 BTC with Second Quarter Acquisition
2024-08-03 05:25:45
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 highlighted the company's financial strategy. Despite the net loss, Microstrategy remains committed to its bitcoin strategy.
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