Strategy's BTC holdings now show $120M in unrealized profit

Strategy's Bitcoin holdings have moved into a state of unrealized profit amid the cryptocurrency's price increase, blockchain media outlet Jinse Finance reported. The company is currently showing a profit of $120 million, representing a 0.21% return. This follows Strategy's announcement on March 16 that it had purchased an additional 22,337 BTC for $1.57 billion. The company now holds a total of 760,068 BTC, valued at $57.61 billion, with an average purchase price of $75,700.