- Helbiz, Inc. (NASDAQ:HLBZ) has expended its micro-mobility operations in the Washington, D.C. area with its newest e-bike model launch in Alexandria and Arlington, VA.
- After a competitive process, Helbiz was selected as a new vendor for the micro-mobility program in Alexandria, VA.
- Helbiz is permitted to launch 350 of Helbiz’s electric bikes in both cities combined.
- Additionally, HLBZ extended its permit for its scooter fleet in Washington, D.C., until December 31, 2022.
- “We are proud to continue growing with how we service the D.C. area, adding a new city with Alexandria and expanding our fleet in Arlington,” stated Salvatore Palella, Helbiz CEO.”
- Price Action: HLBZ shares closed lower by 11.20% at $1.27 on Friday.
MicroStrategy Reports Q1 Results, Company Holds 214,400 Bitcoins
MicroStrategy reported quarterly non-GAAP losses of $8.26 per share. Quarterly sales came in at $115.2 million which missed the analyst consensus estimate of $121.725 million by 5.36% and represents a 5.51% decrease year-over-year. The company now holds 214,400 bitcoins.
