Strategy's Bitcoin Holdings Now Show Over $28 Billion in Unrealized Gains

Michael Saylor’s Strategy has accumulated over $28 billion in unrealized profits from its Bitcoin investments as of July 11, according to Bitcoin Magazine.Strategy’s Bitcoin Unrealized Gains Top $28 BillionOn July 11, Bitcoin Magazine reported that Strategy, led by executive chairman Michael Saylor, has surpassed $28 billion in unrealized gains from its Bitcoin holdings.Strategy remains the largest publicly listed corporate holder of Bitcoin. The company began accumulating BTC in 2020 and has continued adding to its position through various market cycles. The latest milestone reflects the surge in Bitcoin's price, which recently hit new all-time highs above $117,000.Despite its unrealized status, the gains underscore the firm’s long-term conviction in Bitcoin as a treasury asset and hedge against inflation. Strategy has not announced plans to sell its holdings.The company’s next earnings report may provide further insights into its Bitcoin strategy and any updates to its acquisition or holding plans.