Strategy's Bitcoin holdings now show more than $28 billion in unrealized gains

Michael Saylor's strategy has accumulated over $28 billion in unrealized gains from its Bitcoin investments as of July 11, according to Bitcoin Magazine.

The unrealized gains from Bitcoin of the strategy exceed $28 billion

On July 11, Bitcoin Magazine reported that the strategy, led by CEO Michael Saylor, has surpassed $28 billion in unrealized gains from its Bitcoin holdings.

The strategy remains the largest corporate holder of publicly traded Bitcoin. The company began accumulating BTC in 2020 and has continued to increase its position through various market cycles. The latest milestone reflects the rise in Bitcoin's price, which recently reached 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 a hedge against inflation. The strategy has not announced plans to sell its holdings.

The company's next earnings report may provide more insight into its Bitcoin strategy and any updates on its acquisition or holding plans.