MicroStrategy's $4.8 Billion Bitcoin Bet Pays Off as Price Surpasses $30K
- MicroStrategy's Bitcoin holdings are profitable again with BTC above $30K
- Firm holds 158,245 BTC worth $4.847 billion, up $132M from amount invested
- MicroStrategy started buying Bitcoin in 2020, ramped up in 2023
- Recently acquired 5,444 more BTC by raising capital
- Approval of a Bitcoin ETF could boost price to $50K-$73K in 2024