MicroStrategy, which holds Bitcoin (BTC) with an average price of $ 29,803, has turned positive for the first time since June 2022.
MicroStrategy, the Bitcoin maximalist, has been at a loss in the price average of the Bitcoin asset since June of last year. The company, which is constantly buying and increasing the number of its Bitcoins, has a BTC of about 4.17 billion dollars. In addition, the average price of BTC in the hands of the company corresponds to $ 29,803.
With Bitcoin’s recent rise to $30,000, MicroStrategy’s presence has also turned positive for the first time since June.
MicroStrategy Goes To Plus In Bitcoin!
MicroStrategy, which has 140,000 BTC with an average of $ 29,803, has been at a loss for about 10 months.
The purchase of MicroStrategy, which was also announced by Michael Saylor on April 5, was realized at an average price of $ 28,016. Announcing that it makes regular purchases, the company has witnessed all these purchases and the BTC asset it holds to be positive.
As of today, MicroStrategy has made a profit of 27 million 580 thousand dollars on its long-term BTCs. It is unknown whether the company will sell BTC from this point or continue its purchases again.