Micheal Saylor Sees over $1.5 Billion Profit on his BTC Investments

Micheal Saylor Sees over $1.5 Billion Profit on his BTC Investments

Investment Bitcoin

By Miles

03 Dec 2023 (6 months ago)

1 min read

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Michael Saylor Sees Over $1.5 Billion Profit on His BTC Investments

The Chairman of MicroStrategy, also Bitcoin investor Michael Saylor, has made over $1.5 billion in profit from his Bitcoin investments. He invested about $5.33 billion to buy 174,530 BTC since September 2020, with an average cost of $30,512.81 per Bitcoin. With the recent surge in Bitcoin’s price to $39,411, his investment is now valued at nearly $7 billion.

A few days back, Saylor made an additional purchase of 16,130 Bitcoin for $593.3 million, averaging $36,785 per Bitcoin. Saylor has made about $42.98 million from this investment alone.

November 2023 saw Saylor buying more Bitcoin, adding 16,285 Bitcoins to his portfolio. he made his largest Bitcoin purchase in February, buying 19,452 Bitcoin for $1.026 billion, which is currently at a loss.

Saylor's most cost-effective Bitcoin buys were in September 2020, at prices around $10,419 and $11,652. These early investments have significantly increased in value.

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