$BTC

Strategy, formerly known as MicroStrategy Inc (NASDAQ:MSTR), recorded unrealized gains of $14.05 billion during the second quarter of this year, driven by a rebound in the price of Bitcoin and the implementation of a recent accounting change.

The company disclosed in a filing submitted to the U.S. Securities and Exchange Commission on Monday that these gains were partially offset by a deferred tax expense of $4.04 billion. It is worth noting that this week marks the first since April that the company has not purchased additional Bitcoins, noting that it currently holds approximately $65 billion worth of this digital currency, making it the largest Bitcoin holder in the world.