Strategy, finally out of Bitcoin loss zone..."The more it rises, the bigger it gets"

▲ Michael Saylor, Strategy (MSTR)/ChatGPT generated image

As Bitcoin (BTC) surpassed $76,000, the Bitcoin investment strategy of Strategy, led by Michael Saylor, exited the loss zone.

U.Today reported on the 17th that as Bitcoin's upward trend continues, long-term holders, especially companies holding Bitcoin, are re-entering the profit zone. The media stated that MicroStrategy, the world's largest corporate holder of Bitcoin, has returned to profitability thanks to Bitcoin's rally, which has exceeded its highest price in the past month.

According to the report, Arkham Intelligence announced on the 17th, based on data, that MicroStrategy's Bitcoin holdings have officially reached the break-even point. This is because the strong rise in Bitcoin's price surpassed MicroStrategy's average purchase price of approximately $75,577.

U.Today reported that Bitcoin recovered its previous high, exceeding $76,000, and rose by about 3% in the past 24 hours. Consequently, MicroStrategy's Bitcoin reserves showed a trend of moving past the neutral zone and entering the profit zone.

MicroStrategy incurred significant unrealized losses for several months during the previous market downturn, but Michael Saylor maintained a bullish stance on Bitcoin. U.Today reported that MicroStrategy continued to increase its Bitcoin holdings even during volatile periods, and since a substantial amount was acquired at lower price points, the profit margin could further expand if Bitcoin rises further.

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