Bitcoin News: MicroStrategy’s Stunning 19.7% Bitcoin Yield Fuels Q2 Earnings Beat
In a thrilling turn of events, MicroStrategy (MSTR) has once again proven its dominance in the Bitcoin space. The company’s Q2 earnings report reveals a staggering 19.7% Bitcoin yield, driving revenue past analyst expectations. Here’s what you need to know.
MicroStrategy Q2 Earnings: A Bitcoin-Powered Surge
MicroStrategy reported Q2 revenue of $114.49 million, surpassing estimates of $112.96 million. Key highlights include:
- Subscription services revenue surged 69.5% year-over-year.
- Bitcoin holdings grew by 88,109 coins, totaling 597,325 BTC.
- Adjusted earnings reached $32.52 per share.
How Bitcoin Yield Drove MicroStrategy’s Success
The 19.7% Bitcoin yield was a major contributor to the earnings beat. Here’s why:
- Bitcoin’s price stability and growth boosted asset value.
- Strategic acquisitions at an average price of $70,982 per BTC.
- Year-to-date Bitcoin gains totaled 111,894 coins.
Michael Saylor’s Bold Move: Introducing STRC
MicroStrategy’s executive chairman, Michael Saylor, announced the launch of STRC, the world’s first Treasury Preferred Stock. This innovative product offers:
- Variable-rate, monthly dividends.
- High-yield returns for investors.
- A bridge between traditional finance and the Bitcoin economy.
What’s Next for MicroStrategy?
With strong subscription growth and Bitcoin holdings, MicroStrategy is well-positioned for future success. The company’s dual focus on software and digital assets continues to pay off.
FAQs
Q: How much Bitcoin does MicroStrategy hold?
A: As of June 30, MicroStrategy holds 597,325 BTC.
Q: What was MicroStrategy’s Bitcoin yield in Q2?
A: The Bitcoin yield reached 19.7% in Q2.
Q: What is STRC?
A: STRC is a Treasury Preferred Stock launched by MicroStrategy, offering high-yield returns tied to Bitcoin.
Q: How did MicroStrategy’s stock perform after the earnings report?
A: Shares rose 1.28% in after-hours trading, reaching $407.
