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Michael Saylor Sees over $1.5 Billion Profit on his BTC Investments

source-logo  bitcoinworld.co.in 04 December 2023 00:35, UTC
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  • Microstrategy Chairman, Michael Saylor, has seen over $1.5 Billion profit on his Bitcoin investments

The Chairman of MicroStrategy, also Bitcoin investor Michael Saylor, has made over $1.5 billion in profit from his Bitcoin investments.

He invested about $5.33 billion to buy 174,530 BTC since September 2020, with an average cost of $30,512.81 per Bitcoin. With the recent surge in Bitcoin’s price to $39,411, his investment is now valued at nearly $7 billion.

A few days back, Saylor made an additional purchase of 16,130 Bitcoin for $593.3 million, averaging $36,785 per Bitcoin. Saylor has made about $42.98 million from this investment alone.

November 2023 saw Saylor buying more Bitcoin, adding 16,285 Bitcoins to his portfolio. He made his largest Bitcoin purchase in February, buying 19,452 Bitcoin for $1.026 billion, which is currently at a loss.

Saylor’s most cost-effective Bitcoin buys were in September 2020, at prices around $10,419 and $11,652. These early investments have significantly increased in value.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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