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MicroStrategy Q1 2023 Revenue Soars and Bitcoin Strategy Still in Play

MicroStrategy Q1 2023 Revenue Soars and Bitcoin Strategy Still in Play

  • Bobby Simmons
  • May 2, 2023
  • News, Bitcoin, Crypto
  • #bitcoin, MicroStrategy, Revenue, Strategy
  • 0 Comments

MicroStrategy’s Q1 2023 financial results are in, revealing that the company has returned to profitability. At $147.8 million, total revenue for the quarter was up 2.6% compared to that of 2022, generating a gross profit of $122.5 million – which is an impressive 82.9% gross margin. Even after all the ups and downs, they have still kept their Bitcoin strategy …

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