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Strategy returns to profitability with $21 billion unrealized gain from Bitcoin holdings in Q3
The world's largest publicly traded Bitcoin accumulator reported its first profit in four quarters, driven by a $21 billion unrealized gain on its digital assets in the three months ended September 30. Bitcoin rose 43% during the third quarter.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
Previous: Shares of Armada Acquisition Corp. II, a SPAC linked to XRP, continued to rise 9.5% in pre-market trading on Monday, following a 273% surge last week. This comes after the announcement of its merger with Evernorth, an XRP treasury company.
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Next: BitMine acquired 15,112 ETH last week, bringing total holdings to 6.02M ETH, nearing 5% of Ethereum's supply
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