MicroStrategy Inc (NASDAQ:MSTR) reported upbeat sales for the second quarter on Thursday.

Strategy reported second-quarter revenue of $114.49 million, beating analyst estimates of $112.96 million. The company reported second-quarter adjusted earnings of $32.52 per share, according to Benzinga Pro.

“With the July IPO of STRC, we introduced the world’s first Treasury Preferred Stock — a variable-rate, monthly dividend security engineered for price stability and designed to deliver short-duration, high-yield to a new class of investors,” said Michael Saylor, executive chairman of Strategy.

MicroStrategy shares …

Full story available on Benzinga.com