Strategy Back in the Green: Sits on $1.4B Unrealized Bitcoin Profit as BTC Rallies 🚀
Strategy (MSTR) has flipped back into profit on its massive Bitcoin treasury following a five-day rally that propelledBTC up nearly 22%.
Key Takeaways:
Current Holdings: 840,447 $BTC acquired at an average price of $75,385.
* Unrealized Gain: ~$1.4 billion (+2.4%) with Bitcoin trading around $77,000.
* Major Reversal: The position has rebounded significantly from July lows (58,000BTC), which had put the firm at a temporary $13 billion paper loss.
* Balance Sheet Strength: $MSTR holds $4.8 billion in USD cash reserves—providing 2.8 years of obligation and dividend coverage—while actively buying back its perpetual preferred stock ($STRC).
With $MSTR common stock surging over 10% in pre-market trading, institutional conviction in the Bitcoin treasury model is being rewarded once again.
Is the momentum here to stay, or are we testing major resistance? Drop your thoughts below! 👇
#Bitcoin #BTC #Strategy #MSTR #CryptoNews #BinanceSquare
$BTC
Strategy (MSTR) has flipped back into profit on its massive Bitcoin treasury following a five-day rally that propelledBTC up nearly 22%.
Key Takeaways:
Current Holdings: 840,447 $BTC acquired at an average price of $75,385.
* Unrealized Gain: ~$1.4 billion (+2.4%) with Bitcoin trading around $77,000.
* Major Reversal: The position has rebounded significantly from July lows (58,000BTC), which had put the firm at a temporary $13 billion paper loss.
* Balance Sheet Strength: $MSTR holds $4.8 billion in USD cash reserves—providing 2.8 years of obligation and dividend coverage—while actively buying back its perpetual preferred stock ($STRC).
With $MSTR common stock surging over 10% in pre-market trading, institutional conviction in the Bitcoin treasury model is being rewarded once again.
Is the momentum here to stay, or are we testing major resistance? Drop your thoughts below! 👇
#Bitcoin #BTC #Strategy #MSTR #CryptoNews #BinanceSquare
$BTC