- MicroStrategy purchased 850 BTC in January. In total, the company holds 190,000 BTC on its balance sheet.
- The average purchase price is $31,224, according to the latest data.
- Amid bitcoin’s jump above $50,000, the firm’s unrealized profits reached $3.56 billion.
US-based MicroStrategy has made an unrealized profit of $3.56 billion from its investment in bitcoin amid the asset’s jump above the $50,000 mark.
According to the latest data, as of February 5, 2024, the firm holds 190,000 BTC worth $5.93 billion on its balance sheet, which were purchased at an average price of $31,224.
The Incrypted team calculated that if MicroStrategy’s bitcoin portfolio were liquidated at a price of $50,000, the unrealized profit would be $3.56 billion.
As a reminder, MicroStrategy made an unrealized gain of $1.98 billion on its bitcoin investments in early December 2023 amid the asset’s jump above the $41,000 mark.
