MicroStrategy Inc. (NASDAQ:MSTR) has recorded a profit exceeding $2 billion from its Bitcoin (CRYPTO: BTC) holdings as the cryptocurrency’s price surges past $42,000. What Happened: MicroStrategy’s substantial Bitcoin investment has generated a significant return. Under the direction of Executive Chairman Michael Saylor, the business intelligence firm began its Bitcoin investment journey in August 2020. As of November 30, MicroStrategy owned 174,530 Bitcoins, acquired for approximately $5.28 billion at an average cost of $30,252 per Bitcoin. As Bitcoin’s price soared to $42,000 on Monday, the …

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