MicroStrategy, which does not fall off the agenda with its Bitcoin purchases and support for Bitcoin, will announce its 2023 second quarter earnings report tomorrow.
The company is expected to report revenue of $124.7 million, up 2.15% from Q1.
The company, which meets the cloud software and technological needs of large companies, is expected to announce its second quarter earnings after the markets closed (23.00).
Although MicroStrategy's Bitcoin strategy has been criticized by some, the company believes that BTC is the only way to survive inflation.
It is not expected that there will be a change in Bitcoin assets in the balance sheet to be announced tomorrow. Because the former CEO of the company, Michael Saylor, has stated many times that he has no plans to sell Bitcoin in the short and medium term.
MicroStrategy, which made its last Bitcoin purchase in June, has 152,333 BTC worth $4.5 billion at an average cost of $29668.
The company is the largest institutional Bitcoin investor in terms of the amount of Bitcoin it holds. The company also makes a good alternative to individuals and companies that want exposure to Bitcoin but cannot directly receive BTC due to regulatory lack.
The list of other companies holding Bitcoin is as follows:
