American business intelligence and software firm MicroStrategy Incorporated has released its Q2 performance report. As expected, the firm did not sell any of its accrued Bitcoin as it revealed a total portfolio balance of 226,500 BTC ($94,133.00). The Michael Saylor-led firm has established itself as one of the biggest supporters of Bitcoin since August 2020.

MicroStrategy Business and Stock Performance

According to its report, MicroStrategy boasts of a 12.2% increase in its Year-to-Date (YTD) BTC Yield. The firm considers this metric an important one in measuring its alignment with its Bitcoin strategy.

In the second quarter, the firm implemented a 10-for-1 stock split, as a key highlight of its business. At the time of writing, the firm’s shares closed August 1 trading session down by 6.36% to $1,511.81. However, the After Hours performance has shown some improvements with just 1.06% surge in positive reaction to the earnings report.

MicroStrategy is a top role model for traditional firms who are interested in Bitcoin. A few of these companies have admitted to adopting a leave or two from MicroStrategy’s Bitcoin playbook to build their individual Bitcoin strategy. Metaplanet which recently joined “Bitcoin for Corporation” is one of such companies that kicked off its Bitcoin accumulation a few months

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