MSTR Generates $1.3B in Bitcoin Gains Over Two Weeks
Strategy Inc (MSTR), the largest corporate holder of Bitcoin, generated $1.3 billion in gains from its Bitcoin holdings over the first two weeks of April, according to Executive Chairman Michael Saylor.
The company's 'BTC Gain' metric, which measures performance based on Bitcoin accumulation, is seen as the closest analog to net income under a 'Bitcoin Standard.'
Strategy reported a 17,585 BTC gain for the quarter so far and a year-to-date gain of 37,339 Bitcoin.
The company's total Bitcoin holdings stand at 780,897 BTC, valued at over $59 billion.