MicroStrategy Incorporated (NASDAQ:MSTR) swung to a second-quarter profit Thursday as the world’s first Bitcoin treasury company benefited from a surge in bitcoin price.

MicroStrategy’s quarterly operating profit balloons to $14 billion, thanks to a rule change and bitcoin’s rally.

Shares of the largest corporate holder of Bitcoin rose after the company beat earnings estimates on Thursday. MicroStrategy ...

Strategy's stock, MSTR, has skyrocketed to an all-time high of $410.81 on July 31, closing at $401.86 in an astonishing rally. The stock is currently up 3,749.23% from its debut in 1998. It appears to ...

The company’s bitcoin per share increased by 25% from this period a year ago. MicroStrategy expects its profit to be $24 billion in the full year, with earnings at $80 a share. MicroStrategy swung to ...