Strategy sits on $1.4 billion profit on bitcoin holdings as price surges
Strategy’s common stock rose 10% in Friday pre-market trading to $120, the highest level in two months.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Bitcoin is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
Read on CoinDeskRelated market context
Peter Schiff Surprised by Bitcoin’s Strength as Michael Saylor’s Strategy Boosts BTC Holdings to 848,250
Schiff continues to expect further declines, but Strategy’s latest purchases highlight the company’s commitment to Bitcoin as a lo...
Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week
Strategy (formerly MicroStrategy) bought 250 Bitcoin for $21.5 million last week while spending $192.4 million to repurchase its S...
IMF finds over half of tokenized US stock trading happens after Wall Street closes
More than half of sampled tokenized US stock trading occurs outside Wall Street's regular hours, the International Monetary Fund (...
USDC records $81.2 billion in DEX trading volume over 30 days
USDC's significant DEX trading volume highlights its pivotal role in decentralized finance, underscoring the growing reliance on s...
Crypto spot trading volume hits $696.7 billion in September as every major exchange grows
The surge in crypto spot trading volume indicates a renewed investor interest, potentially driving market volatility and regulator...
Bybit to launch mStocks next month with 24/7 tokenized equity trading
Bybit's mStocks could revolutionize equity trading by enhancing market accessibility and liquidity, but regulatory and risk challe...