4 days ago

Strategy Bitcoin Holdings Turn Profitable as BTC Price Rallies

TLDR Strategy’s 840,447 Bitcoin holdings briefly turned profitable after Bitcoin rose above the company’s $75,385 average cost per coin. Bitcoin climbed 8.5% in a single day, touching roughly $75,613 before slipping back. The unrealized gain moved from about $191.6 million down to near $97.5 million as prices shifted. BitMine’s Ethereum treasury remains deeply unprofitable, with [...]

The post Strategy Bitcoin Holdings Turn Profitable as BTC Price Rallies appeared first on Blockonomi.

Source: Blockonomi →