Bitcoin development company MicroStrategy has announced its first quarter financial report, revealing that it continues to increase its holdings of Bitcoin. Currently, the company holds 214,400 Bitcoins on its balance sheet, with an average cost of $35,180 per unit. Based on the current price of Bitcoin at $63,640, the unrealized profit amounts to a staggering $6.1 billion.
MicroStrategy continues to invest in Bitcoin, software losses, unrecorded BTC fair value.