Micro-strategy buys another $150 million in Bitcoin! Holding 193,000 BTC, floating profit is nearly 4.8 billion US dollars

US listed software company MicroStrategy continues to maintain its leading position in holding Bitcoin. The company’s founder and executive chairman Michael Saylor announced yesterday evening that the company has increased its holdings 3,000 Bitcoins, bringing its total holdings to 193,000. This move once again demonstrates MicroStrategy’s long-term confidence and commitment to Bitcoin. Such a move shows the company’s bullishness on Bitcoin as an asset and signals that they believe it has the potential to appreciate in the long term. The actions of MicroStrategy also attracted market attention and had a certain impact on the Bitcoin market. This move may encourage other companies to also start paying attention to and investing in Bitcoin. Further

MicroStrategy's filings with the U.S. Securities Commission (SEC) show that within ten days from February 15th to 25th, the company Bought another 3,000 Bitcoins for $155 million. Saylor said in a tweet: MicroStrategy currently holds 193,000 Bitcoins, with a purchase cost of approximately US$6.09 billion, and the average price per BTC purchased fell to US$31,544.

Micro-Strategy Bitcoin Position Floating Profit

With the listing of the Bitcoin spot ETF at the beginning of the year in the United States, and the positive expectations for the upcoming halving, the price of BTC has been soaring. As of press time, the price of Bitcoin has exceeded the $55,725 mark, soaring 8.4% in the past 24 hours.

This resulted in the value of MicroStrategy’s Bitcoin holdings exceeding US$10.885 billion, bringing the company’s Bitcoin investment income to US$4.795 billion, successfully reversing last year’s long-term losses. This also led to a sharp rise in the company's stock price. MicroStrategy's closing price today was $796.48, an increase of 15.86%.

MicroStrategy’s total Bitcoin holdings reached 193,000, more than 12 times more than the second-ranked mining company Marathon

MicroStrategy Founder: Never Sell Bitcoin

Although MicroStrategy’s floating profit on Bitcoin investment has reached nearly US$4.8 billion, these profits have not yet given MicroStrategy the idea of ​​​​exiting the position. As a firm believer in Bitcoin, Michael Saylor once again emphasized in an interview last week that "MicroStrategy has no plans to sell Bitcoin in the near future or even ever, and continues to be optimistic about BTC."

Michael Saylor said that he will always buy top assets, and holding Bitcoin is the market exit strategy of micro-strategy. The current market value of Bitcoin has just exceeded 1 trillion US dollars, and is on par with gold, real estate, S&P index and other scales. There is competition from larger asset classes, but in his view, Bitcoin is a superior product to all of these asset classes: We believe that capital will continue to flow into Bitcoin from other asset classes because Bitcoin is technically superior to these assets category, in which case there is no reason to sell the winners and buy the losers.

In January this year, Michael Saylor even announced a daily plan to sell MicroStrategy stocks, selling a total of 315,000 MicroStrategy personal holdings by April 25, worth approximately US$216 million. He predicted that he would use This fund is used to increase one's Bitcoin position.

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