Strategy Reclaims Its BTC Cost Basis, Posts $192 Million in Unrealized Gains

TLDR

• Strategy holds 840,447 Bitcoin acquired at an average purchase price of $75,385 per BTC. 
• Bitcoin crossing $75,613 briefly gave Strategy about $192 million in unrealized gains on its holdings. 
• Strategy’s remaining Bitcoin holdings carry an aggregate acquisition cost of approximately $63.36 billion overall today.
• Bitcoin later climbed near $77,000, expanding Strategy’s unrealized Bitcoin profit to roughly $1.4 billion.
• Strategy’s Bitcoin treasury had faced roughly $13 billion in unrealized losses at June’s lows previously.

Strategy has moved back into unrealized profit on its Bitcoin holdings after BTC climbed above the company’s $75,385 average purchase price, reversing a multibillion-dollar paper loss recorded earlier.

Strategy Bitcoin Holdings Return to Profit

Strategy holds 840,447 BTC at an average cost of $75,385 per coin. With Bitcoin trading near $75,613, the position was worth about $192 million more than its aggregate purchase cost.

The company’s August 17 SEC filing put the total cost of its Bitcoin holdings at about $63.36 billion. Strategy did not report any Bitcoin purchases or sales during the latest reporting week.

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