BREAKING
438d 19h ago

MicroStrategy Reports Remarkable 12.3% BTC Yield, Generating $3.8 Billion Weekly Gain

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a recent update, Michael Saylor, the founder of MicroStrategy, revealed on social media that the company’s treasury management has delivered an impressive 12.3% yield on Bitcoin (BTC) over the past week. This robust performance resulted in a net accumulation of approximately 40,738 BTC, translating to around 5,820 BTC per day. Utilizing the current BTC price of $93,500, this notable yield equates to a substantial weekly profit of $3.8 billion, or an impressive $544 million daily influx. These statistics underscore the strategic advantage MicroStrategy holds in the cryptocurrency landscape, leveraging its treasury business to deliver exceptional returns. Investors should take note of Saylor’s emphasis on the ongoing viability of Bitcoin as a corporate treasury strategy, reflecting a growing trend among firms exploring the benefits of digital asset holdings.

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