Summary
- Bitcoin climbed above $85,000, pushing Strategy’s unrealized gain on its Bitcoin holdings past $8 billion.
- Strategy holds 845,050 BTC at an average purchase price of $75,412.
- The company at one point recorded an unrealized loss of $10 billion during the latest downturn, but a recent rebound in Bitcoin pushed it back into profit.
Bitcoin’s rise above $85,000 has pushed Strategy’s unrealized gain on its Bitcoin holdings past $8 billion.
BlockBeats, a crypto-focused media outlet, reported on September 21 that Strategy currently holds 845,050 BTC at an average purchase price of $75,412.
With Bitcoin trading above $85,000, the unrealized gain on Strategy’s Bitcoin holdings expanded to $8.072 billion.
During the latest market downturn, Strategy’s unrealized loss on those holdings at one point reached $10 billion. A recent rebound in Bitcoin has since turned the position back to a profit.
Disclaimer: The market is risky, and investment needs to be cautious. This article does not constitute investment advice. Users should consider whether any opinions, views, or conclusions in this article are in line with their specific circumstances. Investment based on this is at their own risk.