CandleFocus

Strategy Still Sees Significant Profit with Bitcoin Strategy Despite Volatility

The business intelligence software platform, Strategy, has seen significant gains from its Bitcoin strategy, with unrealized profits of $8.82 billion despite market volatility. Over the past 4.5 years, Strategy accumulated 499,000 BTC, spending $33.1 billion at an average price of $66,357 per Bitcoin. Despite the volatility, Strategy continued to aggressively accumulate BTC, resulting in the substantial unrealized gains. The platform's success has inspired other entities to invest in Bitcoin as a valuable reserve asset. Strategy plans to acquire more Bitcoin, further solidifying its position as a corporate firm.

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