Crypto Updates

MicroStrategy’s $2B Profit Amid Bitcoin Rally

bitcoin and gold

MicroStrategy, guided by Executive Chairman Michael Saylor, has reaped substantial returns from its significant Bitcoin investment initiated in August 2020. As of November 30, the business intelligence firm held 174,530 Bitcoins, acquired for about $5.28 billion at an average cost of $30,252 per Bitcoin. With Bitcoin’s surge to $42,000, the value of MicroStrategy’s holdings soared …

The post MicroStrategy’s $2B Profit Amid Bitcoin Rally appeared first on Cryptoknowmics-Crypto News and Media Platform.

Click Here to Read the Full Original Article at Cryptoknowmics-Crypto News and Media Platform…