According to a recent update from COINOTAG News, Bitcoin has achieved a noteworthy short-term surge, surpassing the $86,000 mark earlier today. Currently, it is trading at $84,531. This fluctuation is significant, especially for Strategy (previously known as MicroStrategy), which recently reported a staggering $9.01 billion in unrealized gains from its Bitcoin investments. As of April 6, 2025, Strategy confirmed its vast accumulation of 528,185 bitcoins, with a total investment of approximately $35.63 billion, equating to an average acquisition cost of around $67,458 per bitcoin. These figures underscore the resilience of Bitcoin amidst market volatility and reflect the strategic positioning by institutional investors. Staying informed on such developments is crucial for stakeholders looking to navigate the evolving landscape of cryptocurrency investments.
Source: https://en.coinotag.com/breakingnews/bitcoin-breaks-above-86000-strategys-holdings-surge-with-9-01-billion-in-unrealized-gains/