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With its Bitcoin portfolio, MicroStrategy is almost ready to achieve an incredible milestone as it approaches a $7 billion profit. Bitcoin is getting close to $7,000,000, which suggests that the company's aggressive accumulation strategy is working. This most recent development is evidence of MicroStrategy's long-term strategy, which has made the company synonymous with massive Bitcoin investments under the direction of CEO Michael Saylor. 

The company's approach has been quite simple: acquire Bitcoin at different prices independent of the state of the market and retain it as a reserve asset. Due to their consistent buying of Bitcoin during market downturns, MicroStrategy has demonstrated a methodical approach to dollar-cost averaging. 

By using this strategy, they can spread out their investments over time as opposed to making large one-time purchases. Their total dollar-cost average thus remains significantly below the current market price, providing them with a buffer against volatility. Timing-wise, MicroStrategy has made purchases at pivotal times in the market, following both substantial corrections and bullish trends. 

This strategy is consistent with their long-term view of Bitcoin as a hedge against inflation and a store of value. Significantly the portfolio tracker demonstrates that in spite of a few transient setbacks, the approach has put them in a very profitable position as Bitcoin keeps rising.

The value of MicroStrategy's holdings could increase exponentially as a result of Bitcoin, which is currently trading at $65,000 and appears to be headed higher, particularly if it breaks $70,000. This is especially significant because it increases demand as more institutional investors view Bitcoin as a real asset class.

Arman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience.

Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.