From Nasdaq:

MicroStrategy held its Q4 2023 earnings call, discussing their forward-looking statements and non-GAAP financial measures. The Motley Fool Stock Advisor recommends against investing in MicroStrategy, listing 10 other stocks that may yield higher returns. MicroStrategy’s 2023 objectives were discussed, highlighting their 190,000 bitcoins with a market value of $8.1 billion and a focus on growing in AI and cloud-powered BI software. They reported annual subscription services revenue of $81.2 million, a 34% increase year over year. MicroStrategy maintains a commitment to their Bitcoin strategy and continues to focus on growth in cloud and AI plus BI. With a focus on growing with cloud, innovating with AI, and increasing profitability, MicroStrategy plans to continue its transformation to win and grow in AI plus BI while accelerating its transition to a cloud-centric operating model.



Read more: MicroStrategy (MSTR) Q4 2023 Earnings Call Transcript