Business intelligence firm MicroStrategy has gained $900 million on its 158,400 Bitcoin holdings, now valued at $35,449 each, thanks to optimism surrounding potential spot Bitcoin exchange-traded funds (ETFs). The company, led by CEO Phong Le, remains committed to its Bitcoin strategy despite a 3% increase in revenue YoY and a $143.4 million net loss.
MicroStrategy’s Bitcoin bag is up $900M amid BTC price surge
