Saylor's Bitcoin Holdings Rebound as Crypto Surges to $79,000
Michael Saylor's Bitcoin holdings have finally turned a profit as the cryptocurrency price surges to reclaim $79,000. The Bitcoin veteran and advocate had been underwater for several months after suffering multi-billion dollar losses on his Bitcoin holdings.
Saylor's company has amassed 840,447 BTC, worth approximately $63.61 billion at its cost basis of around $75,000.
The recent price breakout has helped Saylor recover a significant portion of his losses, with his portfolio now reflecting a modest profit of about $1.63 billion.