Analysis of MicroStrategy’s Q3’22 Earnings
Quick Take
- November 1, 2022 MicroStrategy filed Q3’22 earnings after the bell
- Reported total revenue of $125.4mm, a +2.7% and (2.1%) change QoQ and YoY, respectively
- Shares currently trade at $248.23 as of November 2, 2022 market close
- Annual interest expense increased from ~$9.8mm to ~$12.7mm on BTC Backed Debt
- 301 BTC acquired from Q2’22 to Q3’22
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Author: Greg Lim
