MicroStrategy Inc (NASDAQ:MSTR), which does business as Strategy, reported second-quarter financial results after the market close on Thursday. Here’s a look at how the Bitcoin (CRYPTO: BTC) treasury company fared during the quarter.
Q2 Earnings: 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.
Total revenue was up 2.7% year-over-year. Here’s a breakdown of revenue by segment.
- Subscription Services: $40.8 million, up 69.5% year-over-year
- Product Licenses and Subscription Services: $48 million, up 43.9% year-over-year
- Product Support: $52.1 million, down …