The value of MicroStrategy’s Bitcoin positions rose to US$13.8 billion, with floating profits exceeding US$7.7 billion
MicroStrategy currently holds 193,000 BTC. With the price of Bitcoin surpassing $71,500, the value of MicroStrategy's Bitcoin holdings has risen to $13.799 billion. Based on MicroStrategy's average purchase price of $31,544 per Bitcoin, their floating profit from holding Bitcoin is approximately $7.7115 billion, which is over 100%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP Spot ETF Coming Soon: Purpose Investments Awaits Regulatory Approval
Silicon Valley wants in on memecoin craze
Dragonfly’s Rob Hadick warns that people in crypto and tech tend “to overreact to short-term market dynamics”
Phala Network Joins NVIDIA Inception Program
SBF's parents pursue Trump pardon after 25-year sentence