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

SOL Tops $83 As Solana Network Activity Surges

Key takeaways:Solana’s tokenized assets and memecoin revival drove SOL to a 30-day high at $83.Bullish leveraged appetite...

The Market’s Compass / GICS Level 1 Industry Sectors

The charts that follow are the GICS Level 1 Industry Sectors Weekly Candlestick Charts with an added...