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BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%
Short News

MicroStrategy’s Bitcoin Bet Pays Off Big: $14 Billion in 2024!

Mustafa Mulla7 Jan 20251 min read

In a recent tweet post, Michael Saylor, the chairperson of MicroStrategy, shared the company’s impressive Bitcoin gains in 2024. MicroStrategy acquired 258,320 BTC for $22.07 billion at an average price of $85,450 per Bitcoin. Starting the year with 189,150 BTC, the company gained an additional 140,630 BTC — that’s 385 BTC daily! With Bitcoin potentially reaching $100,000 each, this move could create $14.06 billion in shareholder value for the year, translating to $38.5 million per day! Saylor’s strategy continues to prove the power of Bitcoin for long-term growth.

#Fintech Company
Mustafa Mulla
Mustafa Mulla

Author

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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