Bitcoin’s recent rally has pushed the price above Strategy’s average Bitcoin purchase price of $75,440.70. The company now holds approximately 848,000 BTC, making this cost-basis level an important psychological and financial marker for the market.

According to Strategy, the rise in Bitcoin’s fair value resulted in an estimated $4.1 billion tax-accounting benefit as of September 30.


Meanwhile, BlackRock’s IBIT Bitcoin ETF has an estimated underlying Bitcoin cost of around $81,188. However, this does not mean every IBIT investor is profitable, because individual investors have different entry prices.

The key takeaway is that $75.4K is an important Bitcoin support/cost-basis level. Staying above it strengthens the bullish structure, while a sustained move below it could increase negative sentiment and selling pressure.