Michael Saylor’s Bitcoin Strategy: $7.2 Billion in Gains, Over 50% Profit

CEO Michael Saylor recently unveiled his strategy, as seen through the company’s latest update, which continues to focus on a Bitcoin-first approach with impressive results. Strategy’s Bitcoin (BTC) holdings have generated a staggering 15.5% yield for the year, amounting to a $7.2 billion dollar gain alone. The company currently holds 568,840 BTC worth approximately $58.9 billion, purchased at an average price of $69,287 and now trading at $103,476, resulting in a nearly 50% profit. Bitcoin makes up more than half of the company’s market capitalization of $110.7 billion, with investors valuing the assets beyond just their raw value.