Strategy's Unrealized Bitcoin Loss Plunges to $4.77 Billion

Strategy, the world's largest corporate Bitcoin holder, has seen its unrealized loss significantly decrease after Bitcoin surged in value.

According to a recent report by BlockBeats on August 20, Strategy's unrealized loss on its Bitcoin investment stood at approximately $4.77 billion as of that day.

This is down sharply from the previous high of over $10 billion when Bitcoin's price dropped further in the market.

The company's holding of 840,447 Bitcoin, with an average purchase price of $75,385 per token, accounts for a total acquisition cost of about $63.36 billion.