"Strategy's Unrealized Gains From Bitcoin Investment Surpass ₩38.5 Trillion"

Source
Minseung Kang

Summary

  • Bitcoin Magazine reported that the unrealized gains on the Bitcoin held by Strategy have surpassed approximately ₩38.5 trillion.
  • On the 11th, as Bitcoin briefly topped $118,000, Strategy's valuation profits expanded significantly.
  • Strategy is currently holding a total of 597,325 BTC, with an average purchase price of around $70,982.

The Bitcoin (BTC) valuation gains held by Strategy (formerly MicroStrategy) led by Michael Saylor have surpassed $28 billion (about ₩38.5 trillion).

On the 11th (local time), cryptocurrency-focused media outlet Bitcoin Magazine reported that "Strategy's unrealized profit from Bitcoin investment has exceeded $28 billion." The report explains that as Bitcoin briefly surpassed $118,000 on this day, Strategy's valuation gains significantly increased.

Currently, Strategy holds a total of 597,325 BTC, with an average purchase price of about $70,982.

publisher img

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
What did you think of the article you just read?