Strategy’s Bitcoin Holdings Swing to a $1.4B Unrealized Gain
Strategy is back in profit on its bitcoin holdings after recent price strength, reporting an estimated $1.4B unrealized gain on 840,447 BTC. The company is also accelerating repurchases of its STRC preferred stock, having bought about $347M in four weeks, and has increased its U.S. dollar reserves to $4.8B for about 2.8 years of coverage.