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Michael Saylor’s Strategy Set To Yield $14 Billion Profit In Q2, Bloomberg

  • Strategy, formerly MicroStrategy, is expected to report $14 billion in unrealized gains from its Bitcoin strategy in Q2.
  • The company's profits are attributed to the rise in Bitcoin prices and changes in accounting practices.
  • Despite criticism, Michael Saylor's strategy has led to a surge in Strategy's stock value by over 3,300% since the Bitcoin buying spree began.
  • Strategy's recent accounting change allows it to recognize the market value of its significant Bitcoin holdings, currently valued at about $64 billion.

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