CEO Michael Saylor: MicroStrategy's Bitcoin Profit Exceeds $4 Billion as Holdings Reach $10 Billion

MicroStrategy, the largest corporate owner of Bitcoin, has seen its holdings move above $10 billion with the cryptocurrency's price rise to nearly $53,000. The company's profit from its 190,000 bitcoins purchased is over $4 billion. CEO Michael Saylor made the decision in 2020 to invest the company's cash into Bitcoin, now valued at $10 billion. Saylor reiterates his commitment to buying Bitcoin forever, considering it the exit strategy.