Saylor’s MSTR BTC Bet Profit Tops $4B

Date:

Share post:



Saylor's MSTR BTC Bet Profit Tops $4B

According to the company’s most recent investor presentation, MicroStrategy at the end of January held 190,000 bitcoins purchased for a total of $5.93 billion, or $31,224 per coin. MicroStrategy began acquiring bitcoin in the second quarter of 2020, and has purchased additional tokens every quarter since. In December last year, the company was sitting on a profit of nearly $2 billion, but that’s since doubled thanks to bitcon’s more than 20% rally since the start of 2024.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Getting Your Virtual Team’s Best Work Through Steward Leadership

× Please contact your Firm's Group AdminIAR CE is only available if your organization...

This West Papua cruise takes you to one of the most remote places in the world

Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The...

Mastercard expands on-chain settlement in bet on stablecoins and always-on finance

Mastercard is expanding its settlement network to support regulated stablecoins, a move that could help bring blockchain-based...

Bitcoin ETF Outflows And AI Stock Pivot Trigger Bear Run

Key takeaways:Bitcoin's sharp 8% drop triggered $1.5 billion in forced liquidations, ending a tight two-month small-cap correlation.Worsening...