MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues

MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account.

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Why Does MicroStrategy Continue To Feverishly Accumulate Bitcoin?

MicroStrategy’s bitcoin strategy is simple: sell software, take profit and store value… just not in dollars. On March 12, Michael Saylor, CEO of MicroStrategy, announced that the company had accumulated…

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