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Strategy’s Unrealized Bitcoin Gain Nears $1.72 Billion

Source
JOON HYOUNG LEE

Summary

  • Strategy’s Bitcoin investment unrealized gain was reported at about $1.719 billion, nearing $1.72 billion.
  • Strategy holds 840,447 Bitcoin, with an average purchase price of $75,385 per coin.
  • Bitcoin was trading at $77,341.86, up 1.25% from a day earlier and 22.76% from a week earlier.

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Photo: Shutterstock
Photo: Shutterstock

Strategy, the world’s largest corporate Bitcoin holder, is sitting on nearly $1.72 billion in unrealized gains on its Bitcoin investment.

BlockBeats reported on Aug. 22 that the unrealized gain on Strategy’s Bitcoin holdings stood at about $1.719 billion as of that day.

Strategy currently holds 840,447 Bitcoin. Its average purchase price is $75,385 per coin.

According to CoinMarketCap, Bitcoin was trading at $77,341.86 as of 4:56 p.m. Korea time on Aug. 22, up 1.25% from a day earlier. The token was up 22.76% from a week earlier.

JOON HYOUNG LEE

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul

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