Back in the black: Strategy’s returns to profit on bitcoin holdings after $76,000 surge
CoinDesk·3h ago·Positivity
What Happened
Bitcoin has broken above $76,300 for the first time since February's selloff, rallying over 25% from its $60,000 low. Strategy, the largest publicly traded bitcoin holder, is now profitable on its holdings with an average purchase price of $75,577. The broader equity markets remain strong with Nasdaq 100 reaching new all-time highs.
Key Entities
BitcoinStrategy (MSTR)Nasdaq 100S&P 500$76,300$60,000