Bitcoin prices have been surging tremendously the last couple of weeks and just today broke the $60,000 level for the first time since April. Big companies like Square, Tesla, and the aforementioned business intelligence- MicroStrategy are counting huge Bitcoin investment profits.
A while back in August, when a Bitcoin was valued at around $45,000, MicroStrategy bought 3,907 BTC($177 Million) to its collection, bringing its total holdings to 108,992BTC.
In September, their CEO, Michael Saylor, announced on his Twitter page that his company had purchased an additional 5,050 Bitcoins($242.9 million), totaling their holdings to 114,042 BTC.
At the time of purchase in August, a Bitcoin sold for $45,000, while in September, a Bitcoin sold for $48,099.
MicroStrategy has remained one of the most high-ranking crypto investment companies, and its efforts have been rewarded. Waking up today, the company will count $3,000,000,000 up in profits from their BTC investments.
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