Strategy Recovers $1.4 Billion in Unrealized Profit as Bitcoin Rally Continues

Strategy's Bitcoin holdings have rebounded significantly, with the company recording approximately $1.4 billion in unrealized profit from its BTC investments.

This represents a 2.4% gain on the asset's acquisition cost basis, according to data from CoinDesk.

The company owns around 840,447 BTC at an average price of $75,385 per coin, which was traded at around $77,000 on Friday (August 21).

Bitcoin prices have strengthened by nearly 22% over the past five consecutive sessions, with Strategy's shares also rising 7.5% to exceed $120 in early trading.

This marks a sharp reversal from July, when the company's unrealized losses reached approximately $13 billion, or 20.4% of its total Bitcoin purchase cost basis.