Michael Saylor’s strategy, formerly known as Micro Strategy, has been under the limelight for all right and wrong reasons. Although he met with a lawsuit, the company continued to buy Bitcoin (BTC). Saylor’s company has been constantly bought BTC for several years now. Again and again he has urged society to buy King Coin. More recently, Saylor pointed out that BTC is about to hit $ 13 million in 2045. What happens if an investor reflected the strategy’s features and made a weak investment in BTC?
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Where is Bitcoin right now?
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Like several other companies, the strategy entered the Bitcoin market several years after the asset’s debut. According to Data, Saylor’s company started its Bitcoin trip in August 2020. During this period, the strategy bought a total of 21,454 BTC. This was worth an astonishing $ 250 million then. The company’s latest purchase includes $ 7,390 BTC for $ 765 million. Strategy currently has 576,230 BTC.
Can $ 2,000 get life -changing profits?
In August 2020, when Micro Strategy first bought Bitcoin, an investor would have invested $ 2,000 at an average price of $ 11,654. Now the same investment would be worth about $ 18,102.43. This amounts to a remarkable 800% return in less than five years. If an investor had poured a higher amount, the return would have been much larger.