Strategy records $3.9 billion in Bitcoin valuation gains in Q3
Son Min
Summary
- Strategy said it recorded $3.9 billion in Bitcoin valuation gains during the third quarter.
- Strategy currently holds about 640,000 bitcoins, and its holdings are valued at about $78.7 billion.
- Strategy said it holds approximately $31.4 billion in unrealized gains with no additional purchases since April.
Bitcoin (BTC)-holding company Strategy said it recorded $3.9 billion in Bitcoin valuation gains during the third quarter.
On the 6th (local time), according to CoinDesk, Strategy explained in a filing that the valuation gains on its Bitcoin holdings reached $3.9 billion during the third quarter. However, there were no additional Bitcoin purchases for the first time since April.
According to the report, Strategy currently holds about 640,000 bitcoins, with an average purchase price of $73,983 per coin. Considering the current Bitcoin price is around $124,000, the company's holdings are valued at about $78.7 billion, resulting in approximately $31.4 billion in unrealized gains.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
