Strategy, the world’s largest business owner of Bitcoin, reported $ 3.9 billion. Dollars at the third quarter of the third quarter, according to a press release from the company.
Strategy contains about 640,000 bitcoin with an average purchase price of $ 73,983 per year. Coin. At the current prices near $ 124,500 its holdings are appreciated to approx. $ 78.7 billion, representing unrealized gains of about $ 31.4 billion.
“For every $ 10,000 change in the BTC price, we generate $ 6 billion in unrealized gains on our BTC Holdings,” noted Chaitanya Jain, a Bitcoin strategy at strategy.
The company has also issued several types of preferred shares this year to access additional financing in addition to convertible debt and shared stock. Three of these preferred stock prices have an annual dividend of 10%.
Strategy revealed in a SEC submission that payments on its STRC and STRD shares included interest rates, a total of $ 22.4 million and $ 37.6 million for the quarter.
The strategy shares increased approx. 3% to about $ 364 Monday and extended one year to date gain of approx. 25% and reached a high of $ 450 in July.
All of this comes as Bitcoin rose by short -term resistance last week and went into a “Blue Sky Breakout” as Bulls regained control and pushed the award for a record weekly end of $ 123,515.
Without previous heights to guide resistance, technical analysis suggests potential barriers to $ 131,000, $ 135,000 and $ 140,000.
Strategy did not buy Bitcoin Last week
The company also did not make any purchase of Bitcoin last week. The move coincided with $ 140 million in dividends that first marked the company that the company stopped Bitcoin accumulation since the end of July.
The break in Bitcoin purchases is part of a pattern that the company has previously followed. This year, strategy issued three weekly updates in which it did not buy Bitcoin, two of which were in line with the ends of its first and second fiscal quarters.
Last week’s message coincided with the end of the third quarter.
Over the weekend, strategy co-founder and executive chairman Michael Saylor suggested the company’s stops with purchases via X, noting that there would be “no new orange dots this week”, a referral to the chart used to track previous Bitcoin acquisitions.
The long -term vision of the strategy
Michael Saylor imagines strategy that builds a billion dollar bitcoin balance that uses it to transform the global credit system.
He expects Bitcoin’s historic long -term appreciation, about 21% annually, to supercharge the company’s capital stock. In addition, Saylor suggests issuing Bitcoin-supported credit with yields higher than traditional FIAT debt, creating a double flywheel with growing security and expanding digital credit markets.
He predicts that since companies, banks and sovereign funds adopt Bitcoin, traditional financial instruments and stock indices would become indirect Bitcoin vehicles that benefit from its composite growth.
In the end, he sees Bitcoin Treasury Companies as central to a new financial architecture that enables higher dividend savings, Bitcoin-based money markets, reinstated insurance and global adoption of tech giants.