Strategy Earns $1.8 Billion from Bitcoin This Year, Totaling 2.6 Trillion Won

Source
JOON HYOUNG LEE

Summary

  • Strategy announced that it recorded a profit of $1.8 billion from Bitcoin investments this year.
  • Chairman Michael Saylor reported a profit of 18,527 Bitcoins through financial operations.
  • Strategy has been acquiring Bitcoin since 2020 and currently holds $31.1 billion worth.

Strategy (formerly MicroStrategy) has reportedly earned a total of $1.8 billion (approximately 2.6 trillion won) from Bitcoin (BTC) investments this year.

Michael Saylor, Chairman of Strategy, announced on the 11th (local time) via X that "this year, through (Bitcoin) financial operations, we recorded a profit of 18,527 Bitcoins," adding that "this amounts to $1.8 billion for company shareholders."

Strategy has been purchasing Bitcoin since 2020. Currently, Strategy holds 478,740 Bitcoins, amounting to $31.1 billion (approximately 45 trillion won).

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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