Strategy Swings From $13 Billion Bitcoin Loss to $1.4 Billion Profit as BTC Rallies
In brief Strategy is sitting on roughly $1.4 billion in unrealized gains on its Bitcoin holdings. The company holds 840,447 BTC acquired at an average price of $75,385.
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Key Facts
- Fact 1: In brief Strategy is sitting on roughly $1.4 billion in unrealized gains on its Bitcoin holdings.
- Fact 2: The company holds 840,447 BTC acquired at an average price of $75,385.
- Fact 3: Bitcoin's rally follows months of pressure that pushed Strategy's position roughly $13 billion underwater in July.
- Fact 4: The company holds 840,447 BTC, worth around $64.97 billion.
In brief Strategy is sitting on roughly $1.4 billion in unrealized gains on its Bitcoin holdings. The company holds 840,447 BTC acquired at an average price of $75,385.
Bitcoin's rally follows months of pressure that pushed Strategy's position roughly $13 billion underwater in July. Michael Saylor’s Bitcoin treasury company Strategy is back in the black on its massive Bitcoin holdings after a five-day rally pushed BTC above the company's average acquisition price. The company holds 840,447 BTC, worth around $64.97 billion.
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Original source: Decrypt
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