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Michael Saylor’s MicroStrategy Bitcoin sits at $1 Billion Profit


by Watcher.Guru
Michael Saylor’s MicroStrategy Bitcoin sits at $1 Billion Profit

Michael Saylor’s MicroStrategy Bitcoin investment is now at a $1,000,000,000 unrealized profit, according to Saylor’s profile tracker. Amid Bitcoin ETF approval expectations, his stash of Bitcoin has grown plenty over the past few weeks.

The software firm has long been led by the Bitcoin enthusiast, with his optimism and trust paying off. As a result, Saylor’s investment expects to see more growth, especially if the SEC grants approval to all pending Bitcoin ETF applications.

In October, MicroStrategy acquired an additional 155 BTC for $5.3 million. Now, the firm holds 158,400 total Bitcoin. In a recent CNBC interview, Saylor shared his opinion that BTC is on the verge of another price rally. Saylor says that the surge could leave a lasting mark on contemporary financial history.

Michael Saylor's MicroStrategy Bitcoin investment is now at a $1,000,000,000 unrealized profit, according to Saylor's profile tracker.
Source – CryptoSlate

The upcoming Bitcoin halving in April 2024 will shape the near future of Bitcoin price. Most analysts suggest that as we creep towards the halving, BTC will rally even more. Combined with any Spot Bitcoin ETF applications being approved, don’t be surprised if Saylor’s MicroStrategy Bitcoin stash increases even further in value beyond the $1 billion threshold.

Michael Saylor continues to be optimistic on Bitcoin, and Microstrategy’s BTC holdings may also rise in volume soon, not just value.

Read the article at Watcher.Guru

Read More

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Michael Saylor’s MicroStrategy Bitcoin sits at $1 Billion Profit


by Watcher.Guru
Michael Saylor’s MicroStrategy Bitcoin sits at $1 Billion Profit

Michael Saylor’s MicroStrategy Bitcoin investment is now at a $1,000,000,000 unrealized profit, according to Saylor’s profile tracker. Amid Bitcoin ETF approval expectations, his stash of Bitcoin has grown plenty over the past few weeks.

The software firm has long been led by the Bitcoin enthusiast, with his optimism and trust paying off. As a result, Saylor’s investment expects to see more growth, especially if the SEC grants approval to all pending Bitcoin ETF applications.

In October, MicroStrategy acquired an additional 155 BTC for $5.3 million. Now, the firm holds 158,400 total Bitcoin. In a recent CNBC interview, Saylor shared his opinion that BTC is on the verge of another price rally. Saylor says that the surge could leave a lasting mark on contemporary financial history.

Michael Saylor's MicroStrategy Bitcoin investment is now at a $1,000,000,000 unrealized profit, according to Saylor's profile tracker.
Source – CryptoSlate

The upcoming Bitcoin halving in April 2024 will shape the near future of Bitcoin price. Most analysts suggest that as we creep towards the halving, BTC will rally even more. Combined with any Spot Bitcoin ETF applications being approved, don’t be surprised if Saylor’s MicroStrategy Bitcoin stash increases even further in value beyond the $1 billion threshold.

Michael Saylor continues to be optimistic on Bitcoin, and Microstrategy’s BTC holdings may also rise in volume soon, not just value.

Read the article at Watcher.Guru

Read More

Michael Saylor’s Strategy Has 91% S&P 500 Shot if BTC Price Holds

Michael Saylor’s Strategy Has 91% S&P 500 Shot if BTC Price Holds

Strategy is now on the brink of being added to the S&P 500, but only if Bitcoin avoid...
Michael Saylor Proposes Strategy’s Credit Model for US Bitcoin-Backed Mortgage Plan

Michael Saylor Proposes Strategy’s Credit Model for US Bitcoin-Backed Mortgage Plan

FHFA wants to evaluate how crypto can be used in underwriting; Saylor's model assesse...