Cryptocurrencies Bitcoin is back – Economy

Inflation rates are falling, cryptocurrencies are rising. The casino has reopened. The crypto industry believes that there will soon be even more players.

Even Michael Saylor is up. The head of the software manufacturer Microstrategy is known as one of the staunchest Bitcoin supporters and has now been ridiculed for quite a long time. Because Microstrategy bought many of its Bitcoins at high prices. The company spent an average of around $30,000 for each of its 150,000 Bitcoins. For the past twelve months it has looked like a rather lousy business. The investment has been back in the black since the end of October. As of today, Saylor is a good $1.5 billion in profit.