MicroStrategy, a business intelligence firm heavily invested in Bitcoin, has reported significant gains for its investors. The company achieved a Bitcoin gain of 6,120 BTC in the past week, reflecting a 1.36% yield on its existing BTC holdings. This translates to a value of $642.6 million at the approximate market price of $105,000 per BTC. The performance reinforces MicroStrategy's commitment to maximizing shareholder returns and its focus on utilizing Bitcoin as a core part of its strategy. The gains from treasury operations alone surpassed those from two weeks ago, indicating the potential for Bitcoin to reach new peaks in the future. MicroStrategy's executive chairman, Michael Saylor, continues to express his belief in Bitcoin's potential and superiority compared to other cryptocurrencies.
Content Editor ( u.today )
- 2025-01-22
MicroStrategy Just Delivered $642 Million in Bitcoin to Investors
