MicroStrategy has concurrently established itself as one of the world’s largest holders of Bitcoin. Currently, they possess a substantial sum of 189,150 bitcoins, procured at an average purchase price of $31,168, which equates to an impressive value of $8.1 billion. Remarkably, the company has invested a substantial $5.89 billion into acquiring the primary cryptocurrency, thereby enjoying an unrecorded profit of over $2.2 billion from this position alone.
Interestingly, the most recent batch of bitcoins was purchased at an average cost of $42,110, with investments spanning from November 30 to December 26. During this period, the price of Bitcoin has surged from $37,400 to a current rate of $43,400. It is noteworthy that MicroStrategy has appeared particularly bullish on Bitcoin, making significant purchases in November, where they spent over $600 million to procure 16,130 BTC. Notably, the company has also been active in the market during October and September.