Bitcoin Rally Takes Strategy From $9.5B Underwater to $4.7B Paper Profit in 7 Days

Michael Saylor’s Strategy swung an unrealized loss of more than $9.5 billion to a paper profit above $4.7 billion in just seven days.

The reversal follows Bitcoin’s climb from the low $60,000s to above $80,000 over the same week, turning the largest corporate BTC holder’s balance sheet from red to green.

The Numbers Behind the Swing Strategy’s own dashboard puts its holdings at 840,477 BTC, bought at an average price of $75,385, a position that was down more than $9.5 billion a week earlier and is now up more than $4.7 billion.

The firm has kept building its cash position and has not bought or sold any Bitcoin over the stretch.