Strategy Bitcoin unrealized gains fall below $10 billion, overall return drops to 16%
According to a report by Jinse Finance, the latest data from SaylorTracker shows that the market value of bitcoin holdings by the bitcoin treasury company Strategy has dropped significantly to $56.11 billions, with an mNAV of 1.01. The unrealized profit on its current holdings of 649,870 bitcoins has fallen below $10 billions, now down to $7.738 billions, and the overall yield has dropped to 16%. Strategy's average purchase price for bitcoin is now $74,433, and the current market price is only about $11,000 below this level.
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