MicroStrategy Added 155 BTC in October, Now Holds 158400 BTC
"Our commitment to acquire and hold bitcoin remains strong, especially with the promising backdrop of potential increased institutional adoption."
- 6,067 bitcoins acquired since the end of Q2 for $167.0 million, or $27,531 per bitcoin.
- 158,400 bitcoin holdings at a total cost of $4.69 billion, or $29,586 per bitcoin, as of October 31, 2023.
- Total Revenues of $129.5 million, up 3% year-over-year.
- Software Licenses Revenues of $45.0 million, up 16% year-over-year.
- Subscription Services Revenues of $21.0 million, up 28% year-over-year.
"Our commitment to acquire and hold bitcoin remains strong, especially with the promising backdrop of potential increased institutional adoption. And while we continue to grow our strong balance sheet, our Q3 operating results and growth in total revenues reflect the resiliency of our software business and establish a solid foundation to capitalize on AI in BI,” said Andrew Kang, Chief Financial Officer, MicroStrategy.
