Here’s How Much Unrealized Profits MicroStrategy Sits on Amid Ongoing Bitcoin (BTC) Rally

Brasil Notícia Notícia

Here’s How Much Unrealized Profits MicroStrategy Sits on Amid Ongoing Bitcoin (BTC) Rally
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Crypto Blog

Holding 158,245 BTC, MicroStrategy’s unrealized profit is around $750 million with an average cost below $30K per BTC.

Michael Saylor, MicroStrategy’s Executive Chairman, champions Bitcoin for its inflation protection and once forecasted a $1 million valuation for the cryptocurrency.Bitcoin’s recent spike towards $35,000 has been embraced by bulls and investors who held their positions throughout the prolonged bear market.

According to the Web3 data analysis tool, MicroStrategy has purchased 28,560 BTC since May 2022 at an average valuation of $25,707, whereas the average price of its total holdings is a little less than $30K. In his view, the maximum supply cap of 21 million coins ever to exist makes BTC a great shield against inflation. As such, he had previouslyWe recently released a video depicting the top five forecasts coming from experts.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Crypto_Potato /  🏆 568. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

MicroStrategy's BTC Holdings Give It Huge Unrealized Profit as Bitcoin PumpsMicroStrategy's BTC Holdings Give It Huge Unrealized Profit as Bitcoin PumpsAs Bitcoin jumped more than 13% overnight, most persistent Bitcoin investor MicroStrategy has made staggering unrealized profit on BTC it holds
Consulte Mais informação »

Joe Biden's 'Billionaire Minimum Income Tax' Plan ExplainedJoe Biden's 'Billionaire Minimum Income Tax' Plan ExplainedThe budget proposes that all households worth more than $100 million pay at least 20 percent in taxes on both income and 'unrealized appreciation.'
Consulte Mais informação »

MicroStrategy's BTC Holdings Give It Huge Unrealized Profit as Bitcoin PumpsMicroStrategy's BTC Holdings Give It Huge Unrealized Profit as Bitcoin PumpsAs Bitcoin jumped more than 13% overnight, most persistent Bitcoin investor MicroStrategy has made staggering unrealized profit on BTC it holds
Consulte Mais informação »

Bitcoin's Lightning Network Faces Storm as Developer Exits Over Security ConcernsBitcoin's Lightning Network Faces Storm as Developer Exits Over Security ConcernsKey Bitcoin (BTC) developer Antoine Riard steps back from Lightning Network amid attack worries
Consulte Mais informação »

Here is Why Ripple (XRP) Might Skyrocket Further Amid Ongoing Bitcoin Bull RallyHere is Why Ripple (XRP) Might Skyrocket Further Amid Ongoing Bitcoin Bull RallyCrypto Blog
Consulte Mais informação »

Massive Ripple (XRP) Transfers Amid Ongoing Bitcoin Price RallyMassive Ripple (XRP) Transfers Amid Ongoing Bitcoin Price RallyCrypto Blog
Consulte Mais informação »



Render Time: 2025-02-26 18:55:12