Strategy Bitcoin Holdings Return to Profit With $192M Paper Gain

TLDR: Strategy Bitcoin holdings moved about $192 million into unrealized profit when BTC traded at $75,613, just $228 above the company’s average cost. Strategy disclosed 840,447 BTC acquired for $63.36 billion, with an average purchase price of $75,385 including fees and expenses. A $1,000 change in Bitcoin shifts the treasury’s market value by roughly $840.4 [...]

The post Strategy Bitcoin Holdings Return to Profit With $192M Paper Gain appeared first on Blockonomi.