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Michael Saylor Shares Successes of His Company in Bitcoin Trading

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by Giorgi Kostiuk

7 hours ago


Michael Saylor, executive chairman and active Bitcoin evangelist, shared his company's achievements in Bitcoin investments via Twitter.

Bitcoin Gains for Shareholders

In his recent tweet, Saylor reported a Bitcoin gain of ₿2,485 for his company's shareholders, approximately worth $291 million. Year-to-date, the company generated profits of 90,337 BTC, totaling $10,569,745,179.50.

Recent BTC Acquisitions

Saylor also announced the purchase of an additional significant Bitcoin chunk of 4,225 BTC for $472.5 million. This brought the company's total Bitcoin holdings to 601,550 BTC, valued at $71,102,849,070.

Growing Interest in Bitcoin in the Market

On the same day as Saylor's announcement, the leading cryptocurrency hit a new all-time high of $123,091, fueled by increased institutional interest. Last week, spot Bitcoin ETFs registered a daily inflow of $1.2 billion, marking the second-largest single-day inflow since their launch.

Michael Saylor's recent achievements and his company's performance reflect the continuing growth of interest in Bitcoin and a successful investment strategy amid rising institutional investments.

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