The value of bitcoins on MicroStrategy's balance sheet has reached $10 billion
MicroStrategy owns 190,000 BTC. Due to the recent increase in the price of bitcoin, the value of its reserves has increased to $ 10 billion.
Technology giant MicroStrategy Inc. has bitcoin reserves of $ 10 billion, writes Bloomberg. The company has 190,000 BTC in its account.
According to available information, the company founded by Michael Saylor has an unrealized profit of 70% of its investments in bitcoin. On February 13, 2024, at the rate of the first cryptocurrency of $ 50,000, it was estimated at $3.5 billion.
Earlier, MicroStrategy stated that it spent a total of $5.93 billion on the purchase of bitcoins. In other words, 1 BTC cost the company $31,224.
Since the founder of the firm made a bet on the purchase of the first cryptocurrency, MicroStrategy shares have grown by more than 500%, according to TradingView. At the time of writing, the exchange rate is at around $768, and the company's market capitalization exceeds $12.9 billion.
Source: https://incrypted.com/stoymost-bytkoynov-na-balanse-microstrategy-dostygla-10-mlrd/
