MicroStrategy is back to profitability and said it holds around $4.4 billion worth of Bitcoin (BTC) but is still looking to buy more. Meanwhile, a United States bankruptcy judge approved Terraform Labs’ request to serve subpoenas to FTX and FTX US and a draft reorganization plan from the team heading FTX hints at a potential reboot.
MicroStrategy back in black, owns nearly 153K Bitcoin
One of the United States' largest corporate holders of Bitcoin (BTC), MicroStrategy, returned to profitability in Q2 2023 amid Bitcoin's price surge and disclosed it now holds $4.4 billion worth of the cryptocurrency.