Tag: MicroStrategy

Strategy's Bitcoin holdings swung from a $9.5 billion unrealized loss to a $4.7 billion profit as Bitcoin surged above $81,000 in a sharp crypto rally. (Bloomberg)
Posted in Business

How did bitcoin turn Strategy’s $9.5b loss into a $4.7b profit?

Strategy’s Bitcoin holdings have moved back into profit after Bitcoin’s sharp recovery pushed the cryptocurrency above the company’s average buying price. Strategy, formerly known as…

Continue Reading