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TechFlow news: On December 3, Michael Saylor, founder of MicroStrategy, said that last week the company's financial operations achieved a 2.55% return rate on Bitcoin, generating approximately 9,850 bitcoins in profits for shareholders, averaging about 1,407 bitcoins per day. At $95,000 per bitcoin, this equates to weekly gains of $936 million, or roughly $134 million in daily profits.
Michael Saylor, founder of MicroStrategy, posted that last week the company's financial operations achieved a 2.55% Bitcoin yield, generating approximately 9,850 bitcoins in returns for shareholders, averaging about 1,407 bitcoins per day. Based on a Bitcoin price of $95,000 each, the weekly return equates to $936 million, with an average daily return of about $134 million.
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