Strategy's $10 Billion Loss Turns to $8 Billion Gain as Bitcoin Surges Above $85,000

Strategy's Bitcoin position has recovered significantly after hitting an unrealized loss of $10 billion during the latest market downturn. With the recent surge in price, Bitcoin climbed above $85,000, pushing Strategy's unrealized gain on its Bitcoin holdings past $8 billion.

The company holds 845,050 BTC at an average purchase price of $75,412. This means that Strategy has made a substantial profit from its Bitcoin investment, with the unrealized gain expanding to $8.072 billion.

This is a stark contrast to the $10 billion loss recorded during the market downturn. The rebound in Bitcoin prices has turned the position back into a profit, marking a significant recovery for Strategy's investment.