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Strategy's Bitcoin Holdings Surpass $2.8 Billion in Profit, Holding 840,400 BTC

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Odaily News: Enterprise software company Strategy holds 840,400 Bitcoin valued at approximately $66.4 billion. Based on a Bitcoin price of about $79,007, this represents a gain of approximately 4.4% over the average purchase cost of $75,653, with paper profits exceeding $2.8 billion.

Michael Saylor posted a chart of the holdings on Sunday with the caption "We're Back." Strategy has not increased its Bitcoin holdings for about two months, typically disclosing weekly purchases on Monday mornings; this post did not indicate whether a purchase is imminent.

Strategy recently raised $334 million by selling MSTR stock, without touching its Bitcoin; in recent months, it has also sold small amounts of Bitcoin to pay preferred stock dividends and for stock buybacks. (Decrypt)

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.