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Strategy sits on $1.4 billion profit on bitcoin holdings as price surges
Strategy reportedly holds a $1.4 billion profit based on its bitcoin holdings, as the price of bitcoin experiences a surge.
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Adjacent reporting
- Strategy Shares Pop as Bitcoin Holdings Flip Green, Near $61 Billion
- Strategy sells 3,588 BTC for $216 million, with total bitcoin holdings still underwater
- Back in the black: Strategy surges 8% as bitcoin's rise to $77,000 puts holdings in profit
- Strategy may sell up to $1.25 billion in Bitcoin to calm investor jitters
- Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022