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Bitcoin Bitcoin Share: 59.74%
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The Daily Hodl
2023-02-05 19:45:25

MicroStrategy Remains Convicted on Bitcoin (BTC) Bet Despite $2,150,000,000 in Unrealized Losses

MicroStrategy Remains Convicted on Bitcoin (BTC) Bet Despite $2,150,000,000 in Unrealized Losses

Business intelligence firm MicroStrategy is remaining faithful to Bitcoin (BTC) despite having about $2.1 billion in unrealized losses. In a new earnings report, the company’s president and chief executive, Phong Le, notes that MicroStrategy’s revenue grew in 2022 even though its Bitcoin investments are in the red. According to Le, the firm had a great The post MicroStrategy Remains Convicted on Bitcoin (BTC) Bet Despite $2,150,000,000 in Unrealized Losses appeared first on The Daily Hodl .

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