Michael Saylor, MicroStrategy, and Bitcoin 3 Years After
3 years after making its first historical bitcoin purchase, Michael Saylor's MicroStrategy now holds nearly 153,000 BTC.
3 years after making its first historical bitcoin purchase, Michael Saylor's MicroStrategy now holds nearly 153,000 BTC.
MicroStrategy has published its Q2 earnings report, which includes far less brutal figures surrounding its Bitcoin holdings than last year.
Broker Bernstein chips in with a report on the scenari of MicroStrategy having to resort to selling BTC.
MicroStrategy has bought a whopping $350 million worth of BTC.
The exec had previously shared his firm's plans to release Bitcoin Lightning Network-powered software and solutions in 2023.
MicroStrategy has purchased bitcoin each quarter ever since embracing the BTC strategy.
The profit is due to the appreciation of the value of Bitcoin over the past year, allowing MicroStrategy to claim
MicroStrategy currently sits on over $30 million in unrealized profits from its bitcoin bet.
The company's latest purchase was announced hours ago.
The company's total BTC stash has increased to nearly 139,000.