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Michael Saylor's Bitcoin Position Nets $1B Profit As BTC Breaks $37k

source-logo  coingape.com 09 November 2023 21:12, UTC

As the digital currency landscape quivers with anticipation, Michael Saylor, Chairman of Microstrategy, stands firm on a prediction that Bitcoin price will skyrocket to $5 million per coin. In addition, Saylor’s strategic acquisition of BTC for his company’s treasury has reportedly amassed over $1 billion in unrealized profits as the market price briefly crests over the $37,000 mark, a figure unseen since May 2022.

coingape.com