Posted 12/5/2023, 10:48:14 PM
MicroStrategy's Bitcoin Bet Pays Off with $2.3 Billion Profit
- Michael Saylor's MicroStrategy Bitcoin investment has a $2.3 billion unrealized profit
- The investment has grown in value amid Bitcoin ETF approval expectations and Bitcoin's rise
- MicroStrategy purchased an additional 16,130 BTC in November
- The current value of the Bitcoin purchase is over $710 million, up $100 million in under a week
- Saylor remains optimistic on Bitcoin, so MicroStrategy may continue increasing its BTC holdings