Bitcoin

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Trillion

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<ul class="news-points">
 <li>MicroStrategy’s Bitcoin investment has yielded a $6.66 billion profit, with gains of 79% over four years.</li>
 <li>Michael Saylor predicts Bitcoin will reach $13 million per coin by 2045.</li>
 <li>At $13 million per BTC, MicroStrategy’s portfolio would be around $3 trillion.</li>
</ul>
While Bitcoin’s price remains significantly below its weekly highs, Bitcoin bulls like Michael Saylor, chairman of MicroStrategy, continue to boast staggering billion-dollar profits in their Bitcoin portfolios. Data from a <a href="https://saylortracker.com/" target="_blank" rel="noopener noreferrer nofollow">tracking portal</a> shows MicroStrategy holds 226,331 BTC tokens, acquired for $8.37 billion over the last four years at an average of $36,990 per token.
At Bitcoin’s current value of $66,282, this Bitcoin investment has yielded a profit of over $6.66 billion, representing an impressive 79% gain over four years. The profit ratio becomes even more remarkable when considering Bitcoin’s recent all-time high of $73,750.
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Notably, MicroStrategy has been consistently purchasing Bitcoin almost every month since September 2020, when it first bought 16,797 BTC for $175 million. This initial Bitcoin acquisition is now worth over $1.11 billion, yielding a profit of $938 million, a 535% incr…
The post <a href="https://coinedition.com/microstrategys-bitcoin-gamble-pays-off-big-time-projected-profit-at-2-94-trillion/" rel="noopener noreferrer nofollow">MicroStrategy’s Bitcoin Gamble Pays Off Big Time, Projected Profit at $2.94 Trillion</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

MicroStrategy’s Bitcoin Gamble Pays Off Big Time, Projected Profit at $2.94 Trillion

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