Bitcoin investment of Microstrategy in the green, because BTC reclers $ 30,000

Bitcoin investment of Microstrategy in the green, because BTC reclers $ 30,000

The massive Bitcoin investment of Microstrategy has finally given the business intelligence giant giant a few paper gains after the asset has increased over $ 30,000 for the first time since June 2022.

The company started its accumulation tour in summer 2020 and spent around 4.17 billion US dollars to buy a stock of 140,000 BTC. At the time of the writing of these lines, the investment is finally in the green area at least on paper.

finally in the green

Bitcoin is new Price increase beyond $ 30,000, which was welcomed by many individuals and companies during the market have increased last months.

Such an organization is Microstrategy-the business intelligence giant founded by Michael Saylor, which is the largest company owner of Bitcoin.

its stock consists of 140,000 BTC as the last purchase Last week to buy almost $ 30 million. The company built its stocks between August 2020 and early April 2023 for an average rating of $ 29,803 and distributed a whopping $ 4.17 billion.

Despite its price fluctuations in 2022 and the strong decline, he remained optimistic for the asset The terra fall The FTX core melt . Microstrategy Saß Preserver-Spaces = "True"> to almost $ 320 million of non-realized loss after Bitcoin crashed after the collapse of Luna/Ust. Executive Chairman Saylor remained true to itself and said:

"The Bitcoin Prize is determined by those who have more money and less than them. Over time, they will get the knowledge."

The recent increase in Bitcoin to over $ 30,000 rewarded the patience of Microstrategy and is currently with a paper profit of around $ 30 million.

Bitcoin Stash from Microstrategy. Saylortracker

The dramatic past months

The price drop of Bitcoin towards the end of 2022 played a role in the unsatisfactory performance of Microstrategy in the fourth quarter. It recorded a net loss of almost $ 250 million, while its income decreased to $ 132.6 million (less than the estimated numbers).

also the company A reduction of $ 197.6 million on its BTC stocks during this period. In comparison, this sum was "only" $ 727,000 in the third quarter.

It is worth noting that Microstrategy at the end of 2022 from his non-selling-bitcoin strategy separated from 704 BTC to generate tax advantages.

The trends this year seem to be completely different. Apart from the fact that the company bought amounts of the primary cryptocurrency several times and the evaluation of its investment was increasing repaid Span Data Preserver-Spaces = "True"> its 205-million dollar loan to the failed silver gate with a discount of 22 %.

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