MicroStrategy reports over $10 billion in unrealized profit as Bitcoin surpasses $82,000

Bitcoin surged past $82,000 on Monday, driven by investor enthusiasm following Donald Trump's presidential victory. MicroStrategy Inc. reported its Bitcoin holdings are now valued over $20 billion, resulting in more than $10 billion in unrealized profit. MicroStrategy, which began investing in Bitcoin in August 2020, has seen its stock rise 1,783% since then, outperforming Bitcoin's 592% increase. The company plans to raise $42 billion in the next three years to buy more Bitcoin. As of now, Bitcoin is trading at $82,015.09, up 3.09% in the last 24 hours, while MicroStrategy shares rose 12% in pre-market trading.