Strategy (MSTR) shares have risen above $128 for the first time in more than 10 weeks, according to data cited by BitcoinTreasuries.NET. The move marks the first break above that level in over two months of trading.
Based on the current Bitcoin price, the company’s unrealized profit on its Bitcoin holdings has reached $4 billion. The update ties the stock move to the valuation of Strategy’s treasury position, which remains closely watched by crypto market participants.
The figures were disclosed in a ChainCatcher report citing BitcoinTreasuries.NET. No additional details were provided in the source material.
Strategy (MSTR) shares have climbed above $128 for the first time in more than 10 weeks, according to BitcoinTreasuries.NET, as cited by ChainCatcher.
At the current Bitcoin price, Strategy’s unrealized profit on its Bitcoin holdings has reached $4 billion.
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