Strategy Inc., formerly known as MicroStrategy, reported an unrealized profit of approximately $1.4 billion on its Bitcoin position. Bitcoin crossed the company’s average acquisition price of $75,385 per coin after a rally of nearly 22% over five trading sessions. The company holds 840,447 BTC, purchased at a total cost of roughly $63.36 billion, making it the largest corporate Bitcoin holder in the world. MSTR shares rose approximately 10% in pre-market trading to around $120, their highest level in two months.
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