Bitcoin climbed to around $79,007, pushing the value of Strategy’s 840,447 BTC to roughly $66.4 billion, representing a 4.4% gain over the average purchase price of $75,653. The company now shows over $2.8 billion in paper profits. Michael Saylor celebrated the return to profitability with a « We’re Back » post on X, fueling speculation about a resumption of purchases. Strategy hasn’t acquired any bitcoin for about two months, a notable pause for a company accustomed to aggressive accumulation. The firm recently raised $334 million by selling MSTR stock without divesting any of its bitcoin.
Source: Read the original article
