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Bitcoin’s Surge Leaves Strategy With $1.4 Billion Profit

Bitcoin’s Surge Leaves Strategy With $1.4 Billion Profit

The recent surge in Bitcoin's price has resulted in Strategy, a leading corporation in cryptocurrency ownership, reporting a substantial $1.4 billion U.S. profit from its Bitcoin holdings. Bitcoin's value skyrocketed to $77,300 early on August 21, marking a 23% increase from its starting price of $62,800 at the beginning of the week.

This dramatic price rise was triggered by the U.S. Treasury's intervention in the bond market to reduce yields and President Donald Trump's call for Congress to pass the Clarity Act legislation.

Canadian defense technology firm experienced a 92% increase in value due to a boost in government revenue, while MEXC's August 2026 Proof of Reserves confirmed that user assets were fully backed with reserve ratios remaining above 100%. Social media platform X even considered accepting stablecoin payments, and HYBE-listed Ondo tokenized stock also gained 17% following President Trump's support for the CFTC path for Hyperliquid in the U.S. MEXC listed Ondo tokenized stock.

Strategy, a serial cryptocurrency acquirer and the largest corporate owner of Bitcoin globally, had been in the red for months, trading at a loss on its cryptocurrency investments. However, the sharp rise in Bitcoin's price has now brought the company back to profit, with an unrealized gain of $1.4 billion U.S., representing a 2.4% increase. The firm owns 840,447 Bitcoin, which it acquired at an average price of $75,385 U.S., below the current price of $77,300 U.S.

During the year, Strategy had been sitting on an unrealized loss for much of the time, as Bitcoin's value fell by 54% from its October 2025 all-time high of just over $126,000 U.S. The company's losses reached their peak of $13 billion U.S. when Bitcoin's price plummeted to $58,000 U.S. at the end of June. To alleviate its losses and replenish cash reserves, Strategy sold nearly 7,000 Bitcoin at a loss in recent months.

Now that its Bitcoin holdings are back in profit, the company's future actions remain uncertain. As of the current price of $77,300 U.S., Strategy's Bitcoin holdings are valued at an impressive $64.97 billion U.S.

Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at finance.yahoo.com →

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