MicroStrategy Buys Another 1,045 bitcoins for $29.3m

[pawel7777]

A little update, yesterday Microstrategy published its results for the first quarter of 2023, pdf available here:

https://www.microstrategy.com/content/dam/website-assets/collateral/financial-documents/press-release-archive/microstrategy-announces-first-quarter-2023-financial-results_05-01-2023.pdf

They finally noted a net profit, which apparently was their first profitable quarter in over 2 years. The net profit of $461m is largely a result of a huge tax credit of $453m.

Some positive press coverage:
https://markets.businessinsider.com/news/currencies/bitcoin-microstrategy-michael-saylor-bull-quarter-cryptocurrency-rally-crypto-70-2023-5