[ad_1] As Bitcoin (BTC) continues its unprecedented uptrend, surging to a new all-time high (ATH) of $72,300, software company MicroStrategy remains steadfast in its vision. It is reaping substantial rewards from its strategic investment in the largest cryptocurrency in the market. MicroStrategy, led by renowned Bitcoin supporter and former CEO Michael Saylor, recently made a … Read more
[ad_1] MicroStrategy recently revealed that they had acquired an additional 3,000 BTC this month, bringing its Bitcoin holdings to 193,000 BTC. Interestingly, BTC’s recent price surge caused these holdings to cross the $10 billion mark, with the software company currently sitting on a tremendous amount of unrealized profits. MicroStrategy’s Unrealized Profit Reaches $5 Billion As … Read more
[ad_1] Bitcoin’s value, currently just over a trillion dollars, is competing with asset classes such as gold, real estate or even the S&P index – all of which have market capitalizations many multiples higher than bitcoin, said Saylor. And bitcoin, argued Saylor, is superior to all of them. [ad_2] Source link