VALUE OF BITCOINS ON MICROSTRATEGY’S BALANCE SHEET REACHES $10 BILLION
Technology giant MicroStrategy Inc. has $10 billion in bitcoin reserves, Bloomberg writes. The company has 190,000 BTC on its account. The Michael Saylor-founded firm reportedly has an unrealized profit of 70% on its bitcoin investments. On February 13, 2024, with the exchange rate of the first cryptocurrency at $50,000, it…