Strategy turns profitable on bitcoin reserves

Strategy, formerly known as MicroStrategy, is showing positive momentum in its bitcoin reserves. The company's position has entered the profit zone for the first time in a long while.

Michael Saylor’s management has accumulated 840,447 bitcoins. The average purchase price was $75,385, with total investments amounting to $63.36 billion.

• Total assets: 840,447 BTC
• Total investments: $63.36 billion
• Average entry price: $75,385

On August 21, the cryptocurrency reached approximately $75,600. This allowed the company to record a paper profit of $192 million, representing 0.3% of the invested capital.

Last week, the situation was the opposite. Bitcoin traded around $63,500, and the company's losses exceeded $10 billion.

The market for the leading cryptocurrency continues to grow. The coin's price has already reached $77,600, strengthening investors' positions.