When Asked Whether His Firm Would Sell Its 193,000 BTC Stash, Saylor Said, ‘Bitcoin Is The Exit Strategy’
Published by
Benzinga
Benzinga
MicroStrategy Inc., led by Chairman Michael Saylor, has been buying more Bitcoin since 2020. Most recently, it bought an additional 3,000 Bitcoin for $155.4 million in February. Accumulating Bitcoin has proven to be a successful investment strategy, allowing the company to see nearly $5 billion in unrealized gains. This is a huge amount of money, especially considering that MicroStrategy has a market capitalization of around $15 billion and records yearly revenue of around $500 million. Don’t Miss: If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d…
