{"id":86887,"date":"2023-11-10T16:08:00","date_gmt":"2023-11-10T14:08:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86887"},"modified":"2025-09-13T08:18:21","modified_gmt":"2025-09-13T05:18:21","slug":"microstrategys-unrealized-bitcoin-profit-tops-1-billion","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/microstrategys-unrealized-bitcoin-profit-tops-1-billion\/","title":{"rendered":"MicroStrategy&#8217;s unrealized Bitcoin profit tops $1 billion"},"content":{"rendered":"<p>Unrealized profit on MicroStrategy <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-increases-bitcoin-reserves-to-158400-btc\">158,400 BTC<\/a> holdings reached $1.17 billion. The analytics software provider&#8217;s investment rose by more than 25%, according to<a href=\"https:\/\/bitcointreasuries.net\/\"> BitcoinTreasuries<\/a>.<\/p>\n<p>Two weeks ago the company <a href=\"https:\/\/u1f987.com\/en\/news\/paper-profit-on-microstrategys-bitcoin-exceeds-170-million\">eliminated its &#8216;paper&#8217; loss<\/a> on digital gold. In 2022 the figure <a href=\"https:\/\/u1f987.com\/en\/news\/michael-saylor-microstrategy-will-continue-to-hold-bitcoin-even-in-adverse-market-conditions\">exceeded $1 billion<\/a>.<\/p>\n<p>At that time, its founder Michael Saylor said that MicroStrategy <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-chief-says-no-plans-to-sell-its-bitcoins\">does not plan to liquidate<\/a> its cryptocurrency reserves and <a href=\"https:\/\/u1f987.com\/en\/news\/michael-saylor-microstrategy-will-continue-to-hold-bitcoin-even-in-adverse-market-conditions\">will continue to hodl<\/a> even in tough market conditions.<\/p>\n<p>Over three years since the <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-becomes-the-first-nasdaq-listed-company-to-invest-part-of-its-capital-in-bitcoin\">first purchase<\/a>, the firm has directed $4.69 billion toward digital-gold acquisitions, including <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-secures-205-million-debt-financing-to-buy-bitcoin\">fundraising<\/a>. Its bitcoin reserves are now valued at $5.85 billion.<\/p>\n<p>The second-largest investor among corporate mining companies, Marathon Digital, holds 13,726 mined BTC worth $507.5 million.<\/p>\n<p>A rally in the price of the leading cryptocurrency to $37,000 allowed the unrealized loss of the third-largest holder, Tesla, to be neutralized.<\/p>\n<p>As of writing, the automaker could have booked a profit of $22 million (7%) if it had exited the position, not accounting for the impact of any sales on prices.<\/p>\n<p>Coinbase fared better. The cryptocurrency exchange bought 9,480 BTC at an average price of $12,341. The value of its investment has tripled.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-823.webp\" alt=\"1-823\" class=\"wp-image-219815\"\/><figcaption class=\"wp-element-caption\">Data: BitcoinTreasuries.<\/figcaption><\/figure>\n<\/div>\n<p>Earlier, MicroStrategy founder Michael Saylor outlined factors that in the medium term <a href=\"https:\/\/u1f987.com\/en\/news\/michael-saylor-names-catalysts-for-a-tenfold-rise-in-bitcoin\">will lead to a tenfold rise<\/a> in the price of digital gold.<\/p>\n<p>In May, the company backed a proposal from the FASB that would require accounting for cryptocurrencies at fair value in the balance sheet.<\/p>\n<p>Earlier, Bernstein analysts <a href=\"https:\/\/u1f987.com\/en\/news\/bernstein-forecasts-bitcoin-to-reach-150000-by-2025\">forecast<\/a> a rise in the price of digital gold to $150,000 by January 2025 as a result of approval of spot Bitcoin-<a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a> in the United States.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unrealized profit on MicroStrategy&#8217;s 158,400 BTC reached $1.17 billion. Investments increased by more than 25%.<\/p>\n","protected":false},"author":1,"featured_media":86888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1207],"class_list":["post-86887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-microstrategy"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=86887"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86887\/revisions"}],"predecessor-version":[{"id":86889,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86887\/revisions\/86889"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/86888"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=86887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=86887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=86887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}