MicroStrategy Earns 3,177 BTC in Profits Last Week... Approximately 436.2 Billion KRW

Source
Minseung Kang

Summary

  • MicroStrategy announced that it earned profits equivalent to 3,177 BTC over the past week.
  • This profit, marking a 0.72% return, is noted as a significant financial achievement.
  • Currently, MicroStrategy holds a total of 444,262 BTC at an average purchase price of $62,257.
Image = Michael Saylor X Capture
Image = Michael Saylor X Capture

MicroStrategy, known as the company holding the most Bitcoin (BTC) in the world, announced that it generated a net profit of 3,177 BTC over the past week.

On the 24th, Michael Saylor, CEO of MicroStrategy, stated on X (formerly Twitter), "MicroStrategy achieved a 0.72% return through financial operations last week." He explained that an investment profit of approximately 3,177 BTC was generated just last week.

He added, "Calculating based on $94,000 per Bitcoin, we have given shareholders a gift of $299 million (approximately 436.2 billion KRW)."

Meanwhile, MicroStrategy holds a total of 444,262 BTC (approximately $27.7 billion) at an average purchase price of $62,257.

publisher img

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
What did you think of the article you just read?