{"id":3208,"date":"2021-04-30T15:00:17","date_gmt":"2021-04-30T14:00:17","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=3208"},"modified":"2021-04-30T15:00:20","modified_gmt":"2021-04-30T14:00:20","slug":"microstrategy-sees-up-to-52-revenue-surge-as-saylor-confirms-more-bitcoin-buys-ahead","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/microstrategy-sees-up-to-52-revenue-surge-as-saylor-confirms-more-bitcoin-buys-ahead\/","title":{"rendered":"MicroStrategy sees up to 52% revenue surge as Saylor confirms more Bitcoin buys ahead"},"content":{"rendered":"\n

In Q1's recent estimates, MicroStrategy<\/a>, which holds over 91,000 Bitcoin (BTC)<\/a>, saw an incredible increase in sales.<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

CEO Michael Saylor announced in a press release on April 30 that the firm has reached far beyond its Bitcoin earnings.<\/p>\n\n\n\n

Saylor: Hodling BTC creates “substantial value”<\/strong><\/p>\n\n\n\n

MicroStrategy continues to headline for its flattering role with respect to Bitcoin and the future, increasing its reserves irrespective of its feeling or price.<\/p>\n\n\n\n

Her advocacy has seemed to be a new customer market \u2013 the sales of her goods and services have also boomed, nine months after the beginning of converting her cash reserves to BTC.<\/p>\n\n\n\n

In the first quart of 2021, ‘product licensing and subscription services' sales amounted to $31.3 million, up 52.3% or up 49.8%, on the same currency as in the first quarter of 2020,' says the press release.<\/p>\n\n\n\n

Total sales of Q1 for the same period in 2020 amounted to just above 122 million dollars, a growth of 10,3 percent.<\/p>\n\n\n\n

“The results of the first quarter of MicroStrategy were a clear example that our two-pronged corporate strategy to grow and acquire and retain Bitcoin generates significant shareholder value,” Saylor said.<\/p>\n\n\n\n

He said the company was ‘still happy,' adding it would add to its already substantial reserves, with the BTC acquisition approach.<\/p>\n\n\n\n

“With the aim to create additional value for shareholders, we are going to purchase and maintain extra Bitcoin,” he concluded.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

As noted by Cointelegraph, this year the inventory prices of the company were volatile, something that reflected the price discovery of Bitcoin itself.<\/p>\n\n\n\n

Bulls “must be concerned about nothing”<\/strong><\/p>\n\n\n\n

The numbers are a familiar boon to bitcoin bulls, who hang this week as no substantiation has been found for big business buy-ins like Facebook.<\/p>\n\n\n\n

This has been enthusiastic in many respects combined with the familiar range of prices, although critics argue that little can be borne out.<\/p>\n\n\n\n

“So far, Bitcoin so good. So good. Nothing more to think about (about), “Micha\u00ebl van de Poppe, a famous trader, summarized Thursday for Twitter followers.<\/p>\n\n\n\n

A corresponding diagram showed that altcoins started acc\u00e9lerating their own gains at $55,000, with the biggest cryptocurrency to be overcome.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

As BTC\/USD was published, it traded around $54,700, and in the last 24 horas they have been in full circle with a fall of less than $53,000.<\/p>\n","protected":false},"excerpt":{"rendered":"

In Q1’s recent estimates, MicroStrategy, which holds over 91,000 Bitcoin (BTC), saw an incredible increase in sales. CEO Michael Saylor announced in a press release on April 30 that the firm has reached far beyond its Bitcoin earnings. Saylor: Hodling BTC creates “substantial value” MicroStrategy continues to headline for its flattering role with respect to […]<\/p>\n","protected":false},"author":63,"featured_media":3210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83],"tags":[149],"class_list":["post-3208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-btc"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/bitcoin-price-latest-today.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/3208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=3208"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/3208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/3210"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=3208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=3208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=3208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}