MSTR Stock Surges as Bitcoin Rally Brings $1.36B in Unrealized Gains
Strategy's stock is leading gains among large-cap crypto-linked equities this week, thanks to Bitcoin's recent rally.
At a price of $77,000 per BTC, Strategy's massive 840,447 BTC holdings carried roughly $1.36 billion in unrealized gains, according to BitcoinTreasuries data.
MSTR and BMNR stocks have both gained over 15% since Monday, outperforming their peers.
While MSTR has underperformed its crypto-linked peers over the past 12 months, dropping nearly 70%, it's on track to lead gains this week.