Strategy Bitcoin treasury returns to profit above $75,385

Strategy’s Bitcoin treasury briefly returned to an unrealized profit on Aug. 21 after Bitcoin climbed above the company’s $75,385 average acquisition price. Summary Strategy holds 840,447 Bitcoin acquired for $63.36 billion at $75,385 per coin including expenses overall. Bitcoin climbed above Strategy’s average acquisition price during an 8.5% daily market rally on Friday. At $75,613, Strategy’s holdings carried approximately $192 million in unrealized gains before prices changed again. BitMine reported 5,815,164 ETH with 5,067,309 tokens staked through its validator network currently in operation. Ethereum near $2,371 leaves BitMine’s treasury deeply below the reported $3,366 average cost estimate currently. Bitcoin reached approximately $75,613 during the rally, placing Strategy’s 840,447 BTC about $228 per coin above its disclosed cost basis. Multiplying that difference by its holdings produced an estimated unrealized gain of approximately $191.6 million. The gain changed rapidly with Bitcoin’s price. Crypto.news price data later placed BTC near $75,500, reducing the estimated surplus to about $97.5 million. These figures are snapshots rather than fixed company results. Strategy...