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MicroStrategy has become one of the top gainers of the recent Bitcoin bullish trend, and the analytics provider has secured billions in gains after disregarding naysayers to make a long-running bet on Bitcoin. 
<h2 id="microstrategy-massive-bitcoin-bet-hits-gold">MicroStrategy Massive Bitcoin Bet Hits Gold</h2> 
Leading provider of enterprise analytics and mobility software, MicroStrategy is riding the early wave of the anticipated Bitcoin bull run. The analytics provider has seen the profit on its billion-dollar BTC bet rise to $2 billion following Bitcoin’s rise from below $38,000 during the weekend to <a href="https://bitcoinist.com/bitcoin-price-back-above-39k/" rel="nofollow">over $41,000 this week.&nbsp;</a> 
According to Simply Bitcoin, an <a href="https://x.com/simplybitcointv/status/1731647555744756198?s=46" rel="nofollow">X</a> (formerly Twitter) handle, Michael Saylor, the former CEO and Executive Chairman of MicroStrategy has revealed approximately 174,530 BTC in the company’s <a href="https://www.newsbtc.com/bitcoin-news/microstrategys-bitcoin-portfolio-soars-past-5-billion-as-btc-holds-firm-at-34000/">BTC portfolio</a>. This makes the business intelligence company presently the largest corporate <a href="https://bitcoinist.com/microstrategy-to-release-btc-updates-sans-impairment-losses/" rel="nofollow">Bitcoin holder</a> globally.&nbsp; 
Around late November, Saylor announced that the company had <a href="https://www.newsbtc.com/bitcoin-news/microstrategy-boosts-bitcoin-holdings-with-590-million-purchase-totaling-174530-btc/">purchased another $593.3 million worth of Bitcoin</a> at an average price of $36,785 per BTC. Due to Bitcoin skyrocketing to $41,000 highs this week, the company has made profits of $11,460 per Bitcoin with an average price of $30,252 on its massive Bitcoin stash<a href="https://www.newsbtc.com/analysis/btc/bitcoin-price-extends-rally-42k/">.</a> 
Not only has the company gained massively from its large-scale Bitcoin investment, but <a href="https://www.newsbtc.com/press-releases/microstrategy-stock-hits-2-year-high-btc-and-altcoins-like-gfox-set-to-gain-big/">MicroStrategy’s stocks</a> (MSTR) went up by 8.2% following its purchase in November. <a href="https://www.google.com/finance/quote/MSTR:NASDAQ?sa=X&amp;ved=2ahUKEwi5jOrV5PeCAxU-VEEAHfGQBMoQ3ecFegQIFBAd" rel="nofollow">MSTR</a> shares were trading over 4% higher on Monday and its present market cap has hit $8.18 billion. The shares are up by 6.74% at the time of writing and with <a href="https://bitcoinist.com/bitcoin-sentiment-verge-extreme-greed-what-it-means/" rel="nofollow">Bitcoin still maintaining its positive sentiment,</a> there may be additional gains in the future.&nbsp; 
<img loading="lazy" decoding="async" class="aligncenter" src="https://www.tradingview.com/x/m7cumqLT/" alt="Bitcoin price chart from Tradingview.com (MicroStrategy)" width="2650" height="1530"> 
<h2 id="bitcoin-claims-10th-spot-in-global-asset-market-cap">Bitcoin Claims 10th Spot In Global Asset Market Cap</h2> 
Following its <a href="https://www.newsbtc.com/bitcoin-news/bitcoin-triumphs-41000-heres-prevent-50000/">spike to $41,000</a>, Bitcoin’s rank in the top global assets market capitalization went up significantly, surpassing the formidable Berkshire Hathaway, an American multinational conglomerate, led by billionaire investor Warren Buffet.&nbsp; 
According to <a href="https://companiesmarketcap.com/assets-by-market-cap/#google_vignette" rel="nofollow">Companies Market Cap data, </a>Berkshire Hathaway’s market cap at the time of writing is approximately $776.75 billion and down by 0.11%. In contrast, <a href="https://www.newsbtc.com/bitcoin-news/bitcoin-cap-1-trillion-spot-etfs-launch-cryptoquant/">Bitcoin’s market cap</a> is up by 0.43% and has surged to $816.30 billion.&nbsp; 
The cryptocurrency is a few billion away from surpassing Meta Platforms (Facebook), which has a market cap of $822.40 billion and is ranked at the 9th position on the top asset market cap list. 
<a href="https://www.newsbtc.com/bitcoin-news/bloomberg-expects-bitcoin-price-to-surpass-500000-in-upcoming-crypto-super-cycle/">Bitcoin</a> presently ranks as the 10th top asset by market cap in the world. The cryptocurrency has seen its price spike triggered by a myriad of factors including the potential approval of <a href="https://bitcoinist.com/bitcoin-etf-the-excitement-and-regulatory-hurdles/" rel="nofollow">Spot Bitcoin ETFs</a>, the hopeful sentiment surrounding US rate hikes by the Federal Reserve, and the upcoming <a href="https://www.newsbtc.com/news/bitcoin/when-is-the-next-btc-halving-date-bitcoin-halving-guide/">Bitcoin halving in 2024.</a>

Bitcoin Rises To $41,000: How Much Profit Has Microstrategy Made On Its BTC Bet?

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