MicroStrategy's Bitcoin Bet Turns Profitable Again During Crypto Rally – Bloomberg
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MicroStrategy Inc. co-founder Michael Saylor’s multibillion-dollar bet on Bitcoin is profitable once again.
The largest cryptocurrency reached almost $31,000 on Monday, the highest level since July. The Tysons Corner, Virginia-based enterprise software maker said last month that $29,582 was the average purchase price of the $4.68 billion in Bitcoin the company held.