MicroStrategy Reports Major Growth In Q1

April 30, 2021

MicroStrategy (NASDAQ: MSTR) reported its quarterly earnings after market hours today, which emphasized its focused corporate strategy and the benefits of its ongoing Bitcoin standard, first adopted on August 11, 2020.

“MicroStrategy’s first quarter results were a clear example that our two-pronged corporate strategy to grow our enterprise analytics software business and acquire and hold bitcoin is generating substantial shareholder value,” per the report.

Since shifting to a Bitcoin standard, MSTR equity has increased 385.59%, while the price of BTC has increased 369.03% in the same time frame.