Strategy Swings From $10B Loss to $8B Profit as Bitcoin Hits $85K
Bitcoin
Strategy (NASDAQ:MSTR) swung from a $10 billion unrealized loss to an $8 billion unrealized profit in just weeks, as Bitcoin (CRYPTO: BTC) hit $85,000. What Triggered the Swing Bull Theory posted on X Monday that the reversal happened fast: Bitcoin's climb off the summer lows directly repriced Strategy's massive holdings, turning paper losses into paper gains almost overnight.
BTC
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