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Michael Saylor's MicroStrategy Is Now Up Nearly $1 Billion on Its Bitcoin Investment

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MicroStrategy's Bitcoin investment is back in the black after its most recent run-up to a high of $35,000, the public firm now sitting on $1 billion in gains.

With a strategic approach to accumulating the Bitcoin through the entirety of the most recent bear market, the company is now sitting on a nearly $1 billion gain.

Saylor, a fervent advocate for Bitcoin, has been vocal about his belief that the cryptocurrency is not just an asset but a revolutionary monetary network. He asserts that Bitcoin's inherent qualities, including scarcity and decentralization, make it a superior long-term investment and a hedge against inflation.

The rise in MicroStrategy's Bitcoin investment serves as a testament to Saylor's vision and persistence. Despite fluctuations in Bitcoin's price, Saylor remains steadfast in his belief that it represents a paradigm shift in the world of finance.

 

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