MicroStrategy, under the leadership of Michael Saylor, has seen an impressive unrealized profit of over $8 billion as Bitcoin (BTC) continues to achieve new all-time highs.

According to data from Saylor Tracker, MicroStrategy has acquired a total of 205,000 Bitcoins since 2020, totaling around $6.95 billion at an average price of $33,928 in 36 different transactions.

At present, the company’s BTC holdings are showing a profit of 117.3%, equivalent to roughly $8.16 billion. The most recent purchase of 12,000 coins was completed on March 11 at an average price of $68,477, bringing the total value of MicroStrategy’s Bitcoin holdings to $15.12 billion.

As Bitcoin continues to break new records, MicroStrategy’s profits have surged alongside. The current price of BTC is $73,580, marking a 2.6% increase in the past 24 hours. Bitcoin hit a new all-time high of $73,610 on March 13 before experiencing a slight correction.

Bitcoin’s market cap currently stands at $1.44 trillion with a market dominance of 49.7%. The daily trading volume has also seen an 11% increase, reaching $63 billion.

For more insights and updates on the cryptocurrency market, visit Global Crypto News.

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