Reported about 12 hours ago
Michael Saylor, co-founder of MicroStrategy Inc., announced that the company is currently earning $500 million a day due to its substantial Bitcoin holdings, which have seen a remarkable increase of $5.4 billion in just two weeks. With Bitcoin nearing $100,000, MicroStrategy’s stock has surged by 97% in the last month, highlighting the firm’s strategic investment in the cryptocurrency. Saylor predicts Bitcoin's future potential could lead to a market cap of $250 trillion by 2045, positioning MicroStrategy as a leading player in the investing landscape.
Source: YAHOO