Over the past month, MicroStrategy purchased 14,620 BTC worth $615.7 million. The company owns a total of 189,150 BTC. Taking into account the current price of Bitcoin, MicroStrategy's unrealized profit reaches $2.2 billion.
Between November 30 and December 26, 2023, MicroStrategy purchased 14,620 BTC for $615.7 million. This follows from the 8-K form that the company filed with the US Securities and Exchange Commission.
Judging by this document, MicroStrategy bought bitcoins at $42,113. Let us remind you that at the time of writing the asset is trading at $42,880, according to TradingView:
If you recalculate the cost of the bitcoins purchased by the organization, the figure comes out to $626.9 million. MicroStrategy earned $11.2 million from the price jump on December 27 alone.
According to the same form, the company controls a total of 189,150 BTC, worth a total of $5.89 billion. The average purchase price of these crypto assets is $31,168.
At the current exchange rate, the value of the portfolio of 189,150 BTC will be $8.1 billion. MicroStrategy’s unrealized profit is $2.2 billion.
