MicroStrategy's Bitcoin Investment Recovery Has Surpassed The Real Market

2020-10-28 05:18
share to
Scan QR code with WeChat

Cointelegraph announced on October 28 that MicroStrategy's Bitcoin investment is generating huge cash returns with a claim of $ 100 million. According to data released by crypto-scientist Kevin Rooke, MicroStrategy's ROI on Bitcoin over the past three years, from Q1 2017 to Q2 2020, has exceeded its actual market share. According to the data, the company had 38,250 BTC (around $ 425 million at the time of purchase between August and September), with a total value of over $ 525 million because the value of Bitcoin was not recently increased to $ 13,745. Over the past three and a half years, Microstrategy has generated $ 78 million in revenue from its operations.

Next:
GalaxyDigital CEO: Reducing Bitcoin Investment Risk
According to the October 28 Cointelegraph, Galaxy Digital CEO Mike Novogratz said that Bitcoin is now a clear financial instrument. From a risk aversion perspective, it's now easier to invest in Bitcoin than ever before. The risk is decreasing every day.
2020-10-28 05:09