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Strategy's Unrealized Bitcoin Gains Reach $7.7 Billion

(21 hours ago) · 1 source · Summarized by CryptoBipto

Strategy, the company formerly known as MicroStrategy, has seen the gap between its Bitcoin acquisition cost and the current market value widen to $7.7 billion. This reflects the continued appreciation of Bitcoin relative to the average price at which the company purchased its holdings.

WHY IT MATTERS

Think of this like a company that bought a large amount of gold over time at various prices.

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SOURCES

  • thedefiant.io

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