Strategy's 840,400 Bitcoin holdings show more than $2.8 billion paper profit

  • Strategy holds 840,400 Bitcoin valued at about $66.4 billion.
  • Bitcoin’s $79,007 price puts holdings 4.4% above their $75,653 average cost.
  • Strategy has not increased its Bitcoin holdings for about two months.

Strategy holds 840,400 Bitcoin valued at about $66.4 billion, based on a Bitcoin price of approximately $79,007. The holdings are about 4.4% above the company’s average purchase cost of $75,653, producing more than $2.8 billion in unrealized profit. Michael Saylor posted a holdings chart on Sunday with the caption "We’re Back." Strategy has not added to its Bitcoin holdings for about two months and typically discloses weekly purchases on Monday mornings, but the post did not say whether a new purchase was forthcoming. The company recently raised $334 million by selling MSTR shares without using its Bitcoin, while small Bitcoin sales in recent months funded preferred-stock dividends and share buybacks.

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