Strategy has just announced its brand new Bitcoin purchase. Here’s how the profit-loss situation of the firm’s holdings looks now.

Strategy Has Made A New Bitcoin Acquisition Worth $764 Million

In a new post on X, Strategy Chairman Michael Saylor has shared the announcement related to the latest Bitcoin purchase by the company. With this new buy, the firm has added another 7,390 BTC to its holdings.

These tokens were purchased at a price of about $103,498 per coin or approximately $764.9 million in total. This is the third acquisition that the company has made in this month of May and it’s far larger than the $180 million first buy, but significantly falls behind the $1.34 billion second purchase.

Following this acquisition, Strategy now holds about 576,230 BTC. The company has spent a total of $40.18 billion on its BTC purchases, which comes down to about $69,726 per coin. This value is clearly significant under the current spot price, so the firm’s holdings would be in notable profit.

CryptoQuant community analyst Maartunn has shared a chart in an X post that shows exactly how much profit Strategy is in at the moment.

The trend in the unrealized profit/loss held by Strategy over the years | Source: @JA_Maartun on X

As displayed in the above graph, Strategy has naturally seen its unrealized gain spike alongside the latest surge in the cryptocurrency’s price. The firm’s Bitcoin stack is now sitting on a whopping $21.1 billion in profit.

From the chart, it’s visible that the company’s holdings have remained in the green since late 2023,

Go to Source to See Full Article
Author: Keshav Verma