
Facebook Rumoured to Hold Bitcoin, Expected to Reveal It Making Q1 Earnings Report Tomorrow
Alistair Milne says that tomorrow making its Q1 earnings report Facebook will reveal that it holds Bitcoin on its books.
Alistair Milne says that tomorrow making its Q1 earnings report Facebook will reveal that it holds Bitcoin on its books.
On April 29, when Facebook released its Q1 earnings, its shares rose by 6.17% to close at $194.19. In the pre-market today, FB stock has added 9.38% and is making up $212.40 per share at the moment of writing.
Analysts predict Facebook has seen its year-over-year earnings grow on higher revenues for the first fiscal quarter of this year that ended in March. Therefore, FB stock is rising.