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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...
Image source: Shutterstock / Trijo News
Bitcoin is not a company, but if it was one, it would be really big.
Bitcoin has been shaky for the past week. Right now, the price of the world’s biggest cryptocurrency is below $10,000.
New numbers may cheer up the crypto fans of the world.
If bitcoin was a publicly-traded company, it would be the world’s 50th biggest, numbers from Coinmarketcap and Forbes show.
Bitcoin is certainly not a company, it is a decentralized cryptocurrency (and a payment system). But its total market value of $169 billion means that it would have qualified among the absolute heavyweights if it had been a listed company.
To get to number one, there is still a long road ahead for bitcoin. Apple is about six times bigger than bitcoin, Bitcoinist reports.
MicroStrategy, a business intelligence platform, has reported a profit of $94 million in the first quarter of 2023, marking its first quarterly...
In times of economic uncertainty and market volatility, Bitcoin has gained recognition as a safe haven asset. Its ability to provide investors...
Hong Kong's Securities Futures Commission (SFC) is preparing to release cryptocurrency exchange licensing guidelines in May, as reported by...