Unrealised gains for MicroStrategy and Square double as Bitcoin price climbs

The analytical software provider MicroStrategy and payments giant Square have doubled their bitcoin holdings as the asset’s price rose above $60,000, according to BitcoinTreasuries.

MicroStrategy holds 114 041 BTC worth more than $7 billion, with an investment of $3.15 billion.

Square has 8 027 BTC worth $494 million, with investments of $220 million.

The electric-car maker Tesla holds 43 200 BTC worth $2.65 billion, with investments of $1.5 billion.

At the time of writing, Bitcoin is trading around $61,100, according to CoinGecko. The market capitalisation of the leading cryptocurrency reached $1.15 trillion.

Earlier in October, the price of digital gold jumped above $60,000 on Bloomberg’s reports of approval for the launch of a Bitcoin-futures-based exchange-traded fund.

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