Major crypto companies reported strong earnings last quarter as swelling crypto asset prices drove up profits across the industry. Last week, institutional Bitcoin (BTC) giant MicroStrategy reported a return to profit in Q2, with $120.4 million in revenue. The company also stacked an additional 12,800 BTC over the quarter at an average price of $28,233 per coin, bringing its total holdings to 152,800 BTC ($4.5 billion).... Read More: Crypto-Focused Public Companies Outdo Q2 Profit Projections, Boosted by Cryptocurrency Price Surge
