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  • A.R.T Digital Team

Bitcoin price tops $45,000, giving MicroStrategy $2.5 billion profit on investments


bitcoin

MicroStrategy has spent $5.9 billion to acquire 190,000 bitcoin, now worth about $8.5 billion, per Bitcoin Treasuries.


The price of the world's largest cryptocurrency, bitcoin, passed the $45,000 earlier today, driving the value of MicroStrategy's 190,000 bitcoin holdings to more than $8.5 billion.

According to Bitcoin Treasuries, the firm has acquired its treasury at a cost basis of $5.93 billion, giving it a profit of more than $2.5 billion.


Source - The Street Crypto

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