Here’s what happened with Strategy’s position of $BTC over the course of a few days.
When BTC was around $58,000, the company was sitting on roughly $13 billion in unrealized losses.
Strategy’s average purchase price is $75,385 per BTC.
After BTC rose above $77,000, the situation completely changed.
Now the unrealized profit is about $2.19 billion.
$MSTR rose 7.5% in a single session.
And $STRC recovered from $71 to $95.
The gap between $58,000 and nearly $80,000 for Strategy turned out to be enormous.
When BTC was around $58,000, the company was sitting on roughly $13 billion in unrealized losses.
Strategy’s average purchase price is $75,385 per BTC.
After BTC rose above $77,000, the situation completely changed.
Now the unrealized profit is about $2.19 billion.
$MSTR rose 7.5% in a single session.
And $STRC recovered from $71 to $95.
The gap between $58,000 and nearly $80,000 for Strategy turned out to be enormous.
