Strategy Sits on $1.4 Billion Profit on Bitcoin Holdings as Price Surges
Bitcoin’s five-day rally lifted Strategy’s holdings back to a $1.4 billion unrealized gain as its stock rose 10% in pre-market trading.
5 Articles
5 Articles
Strategy sits on $1.4 billion profit on bitcoin holdings as price surges
Strategy bitcoin gains rebound $192M as BitMine’s ETH loss tops $5.8B
Bitcoin’s push back above the $75,000 mark has flipped the fortunes of one of the market’s most closely watched corporate holders. Strategy , the business intelligence firm turned Bitcoin treasury company, has climbed back above its average purchase price and is now sitting on real Strategy bitcoin...
Strategy Nears Breakeven On Bitcoin Holdings As Price Recovery Narrows Losses
BitcoinWorld Strategy Nears Breakeven on Bitcoin Holdings as Price Recovery Narrows Losses Strategy, the business intelligence firm formerly known as MicroStrategy, is on the verge of breaking even on its substantial Bitcoin investment. According to on-chain analyst EmberCN, the company’s average Bitcoin purchase price stands at $75,385. With Bitcoin trading around $75,085, a mere $300 increase would bring the firm’s holdings to breakeven. Reco…
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