Microstrategy finally managed to reap the benefits of investing for the US $ 4 billion worth of Bitcoin assets,when the price of BTC began to crack.
According to data from CryptoSlate,the US-based technology company started making BTC profits on June 21.
"After the value of BTC exceeded the company's average purchase price of US $ 29,803 for the first time in almost two months,"explained on the official Cryptoslate website,recently.
With Bitcoin trading at US$30,245 at the moment, MicroStrategy currently has an unrealized profit of over US$30 million from its investment in Bitcoin.
According to a May 1 report to the Securities and Exchange Commission (SEC), MicroStrategy holds about 140,000 Bitcoins acquired for a total buy price of US$4.17 billion and an average buy price of around US$29,803 per coin.
