The post MicroStrategy’s Bitcoin Bet Pays Off: Surpassed $20bn in Bitcoin profits. appeared first on Coinpedia Fintech News
MicroStrategy has surpassed $20 billion in Bitcoin profits as the cryptocurrency’s price hit an all-time high of $108,000. This milestone comes after MicroStrategy revealed on the 16th that it now holds 439,000 BTC, purchased for $27.1 billion. While its Bitcoin strategy has fueled massive gains, the company’s core software business remains unprofitable. Despite this, MicroStrategy’s …