I just noticed that MicroStrategy is once again releasing an update on its holdings—this time with profit data from the first two weeks of April. Based on information shared by Michael Saylor on X, the company earned 17,585 Bitcoins during this period, which comes to roughly $1.3 billion based on current prices. It seems they’re treating Bitcoin as their main performance metric.

Even more interesting is that MicroStrategy currently holds a total of 780,897 Bitcoins. At the latest quoted price of $77,760, the value of this asset is already over $58 billion. However, their average cost basis is $75,577 per Bitcoin, so they’re still in profit. No wonder that whenever Bitcoin’s price fluctuates, the market keeps a close eye on their holdings.

Also, Bitcoin’s recent rebound back to over $77,000 is a positive signal for MicroStrategy. Meanwhile, through its STRC financing plan, it absorbed another $176 million in liquidity this week. If that were all used to buy Bitcoin, it could add about 23,934 more coins. From March to now, their buying pace hasn’t stopped, suggesting they’re truly betting on Bitcoin’s long-term appreciation. Interestingly, Bhutan is doing the opposite—it has been reducing its holdings, having sold more than 70% of its Bitcoin over the past 18 months.