![Michael Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit Shaurya Malwa](https://btcusa.com/wp-content/uploads/2023/11/Michael-Saylors-Massive-Bitcoin-Bet-Crosses-1B-in-Unrealized-Profit-678x381.jpg)
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This comes as bitcoin price has been climbing over the past few months amid optimism that U.S. regulators could potentially approve exchange-traded funds (ETFs) that hold BTC, a move some experts believe will prompt a flood of investment into the cryptocurrency. Year-to-date, the shares of MicroStrategy is up nearly 315%, while bitcoin rose 200%.
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