It is bullish.
Onufriyenko is a person.
MicroStrategy has been buying and selling digital currency since the beginning of the year.
According to a November interview with The Information, the person who preaches about the digital currency personally owns at least 17,732 bitcoins. His token stash is worth about $866 million at the current price of $48,888.
He doesn't believe you should sell your bitcoins, and he's never sold any of his token.
It makes sense, since Saylor said he sees the price of the coin reaching $6 million per token. That surge is more than 1,200%.
During the height of the dot-com bubble, Saylor lost $6 billion in a single day and has since re-emerged as the king of electric money.
MicroStrategy has 122,478 bitcoins, after accounting for its latest purchase. The firm's holdings of cryptocurrencies are worth about $6 billion. The company bought the digital currency at an average price of $29,861 per transaction.
The analysis software maker MicroStrategy bought a quarter of a million dollars worth of the virtual currency in the first quarter of 2019. CNBC reported in November that the company has vowed to build up its money using cash flows, debt, or equity depending on the market and shareholders.
Last month, it hit a record high of $69,000. So far this year, the token is up about 66%. The firm's shares have increased in value. The company didn't reply immediately to Insider's request for comment.
Business Insider has an original article.
