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- Strategy back in the green 🤑
Strategy back in the green 🤑
Bitcoin's rebound has put Strategy's record BTC holdings above water after a couple of shaky months.
📝 What you need to know
Bitcoin’s recent rebound finally put Strategy’s record stash above water for the first time since early February. The company’s haul of more than 680,000 BTC is now worth over $59 billion, and its stock price spiked Friday on the good news, with MSTR rising nearly 12% by the close of trading.
The price of Bitcoin has cooled since Friday, falling from a peak near $78,000 to a recent price around $75,600, but the value of Strategy’s stockpile remains just above the price that Michael Saylor’s firm paid for it all.
đź“° In the News
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