MicroStrategy reported earnings for the fiscal quarter ending September 2023 after market close on November 1, 2023.
According to the latest information, MicroStrategy announced in October that it purchased another 155 Bitcoins for $5.3 million. The company currently holds 158,400 BTC.
The company was expected to post Earnings Per Share (EPS) of $0.74, a significant increase of 177.08% compared to the same quarter in the previous year. The latest consensus estimate called for revenue of $126.2 million, up slightly 0.67% from the prior-year quarter.
Total revenues for the company's third quarter 2023 were $129.5 million, an increase of 3.3% from the third quarter of 2022, or 1.1% on a non-GAAP constant currency basis.
However, MicroStrategy's large investment in Bitcoin is also known to everyone. The company, which last purchased BTC on September 24, 2023, holds 158,245 BTC worth a total of $4.68 billion.
*This is not investment advice.
