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Strategy Hits 848,000 Bitcoin Treasury as Unrealized Gains Reach $9.06 Billion

Strategy's Bitcoin treasury accumulated an unrealized profit of $9.06 billion as of October 5, holding an aggregate 848,000 BTC acquired for $63.97 billion. The firm bought 334 BTC for $28.7 million at an average cost of $85,839 between October 1 and 4, lifting its cumulative holdings to an overall average purchase price of $75,441, a 14.16% gain. Strategy also estimated a third-quarter digital asset gain of $20.91 billion. Meanwhile, Bitmine expanded its Ethereum reserves to 6,016,414 ETH, despite an unrealized paper loss of $3.73 billion across its position.

Category

Bitcoin

Sentiment

Mixed

Event

Market move

Reading time

1 min