Since commencing its Bitcoin acquisition in 2020, MicroStrategy has accumulated 190,000 bitcoins at an average cost of $31,224 per coin, totaling $5.93 billion. This bold move has not only resulted in substantial profits but also positioned the company as a significant influencer in the cryptocurrency domain. The recent surge in Bitcoinâs price, exceeding 20% since the start of 2024, has doubled MicroStrategyâs profits from nearly $2 billion in December of the previous year to over $4 billion, according to a recent investor presentation.
