Strategy Locks In $1.4B Profit and Reaches Bitcoin Treasury Breakeven Point at $77K

TL;DR:

• Strategy recovered profitability on its Bitcoin treasury with an unrealized gain of approximately $1.4 billion, equivalent to 2.4% of its total investment.
• The company holds 840,447 BTC acquired at an average price of $75,385, just below the current market level of around $77,000.
• The company’s common stock rose 10% in Friday’s pre-market trading to $120, its highest level in two months.

Strategy, the company with the largest Bitcoin reserves in the world, returned to positive territory on its BTC treasury after the asset’s price surpassed $77,000 on Friday, August 21. The company, which holds approximately 840,447 BTC acquired at an average price of $75,385, now records an unrealized gain of approximately $1.4 billion, equivalent to 2.4% of its total cost basis. The shift is the result of a nearly 22% rise in bitcoin over five consecutive sessions, its largest rally in months.

For much of the year, Strategy had been carrying considerable unrealized losses. When bitcoin fell to $58,000 in July, the deficit reached approximately $13 billion, equivalent to 20.4% of the total cost of its holdings. Faced with that adverse context, the company sold a limited portion of its treasury: between August 3 and 9 it liquidated 1,690 BTC for $108.6 million to buy back 1.15 million shares of its STRC stock, in what constituted the company’s fourth Bitcoin sale of 2026.

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