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10 May 2021

Bitcoin Titan MicroStrategy Reports Major Growth In First Quarter

Bitcoin Titan MicroStrategy Reports Major Growth In First Quarter


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MicroStrategy reported first quarter revenues of $122.9 million and its equity has increased 385.59% since it adopted a Bitcoin standard.

MicroStrategy (NASDAQ: MSTR) reported its quarterly earnings after market hours today, which emphasized its focused corporate strategy and the benefits of its ongoing Bitcoin standard, first adopted on August 11, 2020.

 MSTR reported first quarter revenues of $122.9 million, a 10.3% increase, or a 7.6% increase on a non-Generally Accepted Accounting Principles (GAAP) constant currency basis, compared to the first quarter of 2020, while also reporting a gross profit of $100.4 million.

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