tldr; Strategy says its Bitcoin buying strategy produced a 3.7% BTC Yield and about $1.7 billion in “BTC Gain” this year after acquiring over 94,000 BTC, more than twice newly mined supply. But the article says those company-defined metrics mask the picture in SEC filings: under fair-value accounting, Strategy recorded a roughly $14.46 billion unrealized quarterly loss, leaving its overall Bitcoin position underwater even as it keeps issuing equity to buy more.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; Strategy says its Bitcoin buying strategy produced a 3.7% BTC Yield and about $1.7 billion in “BTC Gain” this year after acquiring over 94,000 BTC, more than twice newly mined supply. But the article says those company-defined metrics mask the picture in SEC filings: under fair-value accounting, Strategy recorded a roughly $14.46 billion unrealized quarterly loss, leaving its overall Bitcoin position underwater even as it keeps issuing equity to buy more.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.