Strategy Swings From $13 Billion Bitcoin Loss to $1.4 Billion Profit as BTC Rallies
The Bitcoin treasury giant is sitting on roughly $1.4 billion in unrealized gains after Bitcoin climbed above its average acquisition price.
The top 3
- Largest Single-Day Bitcoin Price Gain: Bitcoin's largest single-day percentage jump was an impressive 27.2% back in 2017, though it also recently saw an $8,343 absolute dollar gain in November 2024, closing at $88,770.
- Largest Single-Day Bitcoin Price Drop: The largest percentage drop in Bitcoin's history occurred in June 2011, when its price briefly collapsed by nearly 99% due to the Mt. Gox hack and extremely low market liquidity.
- Bitcoin's Longest Bull Market Run: The 2020-2021 Bitcoin bull run was the longest yet, spanning nearly 18 months from its initial surge to the November 2021 peak, driven by institutional adoption and growing acceptance.
Sources
Open the full topic