Strategy’s Bitcoin Holdings Turn $2.8 Billion Profit Amid Price Recovery
Michael Saylor's company Strategy is now sitting on over $2.8 billion in paper profit from its Bitcoin holdings as the price of BTC climbed to around $79,007. The firm holds approximately 840,447 bitcoins, which are valued at roughly $66.4 billion—marking a significant recovery after being underwater by about $13 billion earlier this year when Bitcoin dropped near $58,000. Saylor's recent post on X with the message “We're Back” has fueled speculation that Strategy may resume its aggressive buying strategy soon. However, the company hasn't added to its holdings in two months and recently raised capital by selling MSTR stock instead of Bitcoin—a shift from past practices under Saylor’s 'never sell' philosophy. Despite recent gains, Bitcoin remains below its October 2026 record high near $126,000. Recent comments from Federal Reserve Chair Kevin Warsh have also introduced uncertainty into the market.
Tickers: $MSTR
Topics: Bitcoin capital management Michael Saylor MSTR stock Strategy Inc.