MicroStrategy’s Bitcoin holdings have become a major success, showcasing a strategy that has propelled the company to impressive unrealized gains.
The timing couldn’t be more perfect, with Bitcoin soaring approximately 35% since the SEC’s approval of spot BTC exchange-traded funds on January 11th. Prior to sitting on almost 2x gains, the company also recorded its largest single quarterly increase in Bitcoin holdings in the fourth quarter of 2023 in three years.
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