Nakamoto's shares dipped about 6% in premarket trading after the company reported negative operating revenue for Q3. The drop came from a 5.8 million loss on Bitcoin options, which outweighed the company's other income. Even so, higher Bitcoin prices pushed net income up to 85.5 million for the quarter.
It's a reminder that a company's bottom line can look very different depending on whether you're looking at operating revenue or net income. $BTC $MSTR
Source: https://cointelegraph.com/markets/nakamoto-shares-fall-after-negative-q3-revenue
#Riopay #Crypto #CryptoNews #Binance
It's a reminder that a company's bottom line can look very different depending on whether you're looking at operating revenue or net income. $BTC $MSTR
Source: https://cointelegraph.com/markets/nakamoto-shares-fall-after-negative-q3-revenue
#Riopay #Crypto #CryptoNews #Binance
