\n<\/p>\n
\n\t\t\t\t\t\t\t\t\tStrategy’s average Bitcoin purchase price remains above $75,000, keeping the position sensitive to further price moves.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Michael Saylor\u2019s Strategy swung an unrealized loss of more than $9.5 billion to a paper profit above $4.7 billion in just seven days.<\/p>\n
The reversal follows Bitcoin\u2019s climb from the low $60,000s to above $80,000 over the same week, turning the largest corporate BTC holder\u2019s balance sheet from red to green.<\/p>\n
Strategy\u2019s own dashboard puts its holdings at 840,477 BTC, bought at an average price of $75,385, a position that was down more than $9.5 billion a week earlier and is now up<\/a> more than $4.7 billion.<\/p>\n The firm has kept building its cash position and has not bought or sold any Bitcoin over the stretch. However, it did sell 18.26 million shares of MSTR for $2.01 billion, with $1.59 billion moved<\/a> into a second reserve, USD Cash, that Strategy says can be used for future Bitcoin purchases. Its regular USD reserve also grew<\/a> to $5.1 billion.<\/p>\n It also repurchased $136 million of its STRC preferred shares, whose price keeps climbing toward its $100 par value ($97.21 at last check), with its last Bitcoin move being a sale<\/a> on August 10, when it shed 1,690 BTC.<\/p>\n Saylor addressed the shift on X, writing<\/a>, \u201cBitcoin is not abandoning its principles. It is transcending its prejudices.\u201d The line followed a lengthy essay he published arguing that the OG cryptocurrency\u2019s move into exchange-traded funds, corporate treasuries and regulated custody should not be treated as a betrayal of the network\u2019s original purpose, but as a natural stage of its growth.<\/p>\n At the time of writing, BTC was trading above $80,000 for the first time since mid-May, tapping a multi-month high above $81,000, according to CoinGecko data. The asset was up roughly 25% in a week and about 4% in 24 hours.<\/p>\n The rally wiped<\/a> out more than $260 million in short positions within four hours, pushing daily liquidations to about $650 million, with Bitcoin accounting for at least half of that amount.<\/p>\nBitcoin\u2019s Broader Move<\/h2>\n
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