MicroStrategy CEO Michael Saylor
MicroStrategy CEO Michael Saylor
  • Michael Saylor's MicroStrategy posted its first profit in nine quarters to start 2023.
  • The largest holder of bitcoin added 7,500 tokens in the quarter as it rallied over 70%.
  • At bitcoin's current price, that values the company's holdings at about $3.9 billion.

Michael Saylor's MicroStrategy notched its first profit in nine quarters as bitcoin rallied over 70% in the first three months of 2023.

Saylor took to Twitter to point out how his company — the largest holder of bitcoin — has outperformed its peers and tech companies since taking on its crypto investments.