Tesla, Block Ride Bitcoin Boom As MicroStrategy Goes All In

Benzinga
2025.05.29 13:47
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As Bitcoin prices surge, companies like MicroStrategy, Tesla, and Block are reaping significant profits from their early investments. MicroStrategy leads with over 580,000 Bitcoins, now valued at over $63 billion. Tesla's 11,509 Bitcoins have increased in value from $386 million to $1.25 billion. Block's holdings have quadrupled to over $930 million. GameStop and Next Technology also made notable Bitcoin investments, with substantial gains. These firms exemplify how strategic timing in Bitcoin investments can yield impressive returns, prompting speculation about more companies entering the crypto space.