Michael Saylor’s Strategy Reports $2.8B Q3 Net Income from Bitcoin Holdings
The company achieved substantial quarterly earnings driven by its BTC investment portfolio.
BTC
Summary
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Terms & Concepts
- BTC: Abbreviation for Bitcoin, the first and largest decentralized cryptocurrency, operating without a central bank.
- Net Income: The total profit of a company after subtracting all expenses, taxes, and costs from revenue.
- Bitcoin Holdings: The amount of Bitcoin owned by an individual or entity, often held as a long-term investment or store of value.