Growth
Strategy's Bitcoin Holdings Reach $919 Million in Unrealized Profits
The world's largest Bitcoin treasury firm, Strategy, has added another 811 BTC worth about $65.5 million to its Bitcoin stash during a market dip in the final week of October. As of November 3, Strategy's Bitcoin holdings are worth about $65.9 billion, up from the 848,516 BTC it held the previous week. The firm has generated over $919 million in unrealized profits, with Bitcoin trading above its average purchase price of $77,000. If Bitcoin recovers to around $80,000, Strategy could hit multi-billion profits later this month.