Saylor’s Bitcoin Bet Rakes in $31B Unrealized Gains as BTC Soars to $122K
MicroStrategy’s relentless Bitcoin accumulation pays off—big time.
The enterprise software-turned-crypto juggernaut now sits on a $31 billion paper profit after BTC’s latest surge to $122,000. Not bad for a ‘volatile asset’—try getting that yield from your bank’s savings account.
HODLing like it’s 2021
While traditional investors chase 5% bond yields, Michael Saylor’s conviction play demonstrates crypto’s asymmetric upside. The MicroStrategy founder has been adding BTC to the company’s balance sheet since August 2020—through crashes, regulatory crackdowns, and endless ‘Bitcoin is dead’ headlines.
Wall Street’s worst nightmare
A publicly traded company outperforming hedge funds with a single-asset crypto strategy? The suits won’t like this one bit. Then again, they’re still waiting for that ‘imminent collapse’ Saylor’s been promising since $30K.