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MicroStrategy Posts Q1 Profit, Reaffirms Commitment to Bitcoin Investment Strategy
MicroStrategy, a business intelligence platform, has reported a profit of $94 million in the first quarter of 2023, marking its first quarterly...
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December 2017 was one of the few times bitcoin was a bad investment.
Bitcoin as an investment has gained a profit of 98.2 percent of the days since the cryptocurrency was created, numbers from Holdcalc.com shows.
Bitcoin’s genesis block was hashed on January 3, 2009. Of the 3,830 days since then, bitcoin has been a good investment for 3,671 days.
In addition to a couple of days in the past week, when bitcoin reached $13,000, the cryptocurrency has only been a bad investment during the historic bull run of December 2017, as well as most of January 2018, Cointelegraph reports.
If bitcoin will continue the positive trend shown in 2019 remains to be seen. Some analysts believe the cryptocurrency can reach as high as $100,000.
MicroStrategy, a business intelligence platform, has reported a profit of $94 million in the first quarter of 2023, marking its first quarterly...
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