COINOTAG News reports that as of November 22, MicroStrategy has disclosed its latest Bitcoin holdings, showcasing a significant portfolio of approximately 331,200 BTC. Valued at around $16.5 billion, the company maintains an average acquisition price of $49,874 per BTC. With Bitcoin currently trading at $98,842, MicroStrategy’s assets reflect an impressive unrealized gain of $16.218 billion. This notable performance underscores the firm’s strategic commitment to cryptocurrency investment, positioning MicroStrategy as a pivotal player in the digital asset landscape. The holding strategy employed by this tech giant highlights the potential for long-term appreciation within the realm of cryptocurrencies, fostering interest among institutional investors as market dynamics evolve.
Source: https://en.coinotag.com/breakingnews/microstrategys-bitcoin-holdings-surge-16-2-billion-gain-as-btc-reaches-98842/