Bitcoin Soars Past $104,000: Strategy’s $19.3 Billion Gain Revealed

On May 9th, Bitcoin briefly exceeded the significant threshold of $104,000, currently stabilizing around $103,300. This surge in value highlights the ongoing volatility in the cryptocurrency market. Notably, the company formerly known as MicroStrategy, now rebranded as Strategy, has reported an impressive unrealized gain of $19.301 billion from its Bitcoin investments. As of May 4, 2025, Strategy’s portfolio contains 555,450 BTC, acquired at a substantial cost of approximately $38.08 billion. This equates to an average purchase price of around $68,550 per Bitcoin, positioning Strategy as a key player in the digital asset arena. The robust performance of Bitcoin underscores its potential as a strategic asset, reinforcing the importance of informed trading strategies for investors navigating this volatile landscape.