MicroStrategy's Bitcoin

MicroStrategy’s Bitcoin asset growth has exceeded its earnings in three and a half years

MicroStrategy has invested $ 425 million in bitcoin since August as part of a strategy to place reserve assets. The recent rise in the price of cryptocurrencies has led to a significant increase in their value.

MicroStrategy’s Bitcoin asset growth has exceeded its earnings in three and a half years

According to analyst Kevin Rook, MicroStrategy’s net income for three and a half years amounted to $ 78 million. At the same time, the unrealized profit from investments in Bitcoin has already reached $100 million.

According to the Bitcoin Treasuries resource, with the current bitcoin price above $ 13,600, the value of MicroStrategy’s assets in bitcoin is $ 523 million.In total, public companies have increased their investments in cryptocurrency relative to the estimated purchase price by $ 500 million to $ 10.75 billion.

MicroStrategy's Bitcoin asset growth has exceeded its earnings in three and a half years

MicroStrategy’s shares present time quoted at $ 190. In this way, the company’s capitalization is $ 1.7 billion.At the time of the first purchase of bitcoin, it was equal to $ 1.2 billion.

MicroStrategy's Bitcoin asset growth has exceeded its earnings in three and a half years

Macroinvestor and 10T Holdings co-founder Dan Tapiero is confident that over time, MicroStrategy’s Bitcoin assets will exceed $ 10 billion. “MicroStrategy CEO Michael Saylor will go down in history as one of the greatest macroinvestors of all time,” he says..

Sailor himself previously admitted that he had chosen the right time to buy bitcoin: “It’s better to enter late than never. Many say Warren Buffett missed Apple. Warren Buffett missed Apple for eight out of ten years, and then must have made more in Apple stock during that 20% rally than on any other investment in his life. He may have worked without even noticing, because, ultimately, the main thing in technology is to realize that this thing will swallow the world, and if you are right, own it, hold it and wait. “.

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