Sharp fluctuations in Bitcoin prices continue to have a significant impact on the balance sheets of institutional investors.
Having recently experienced a decline that caused it to fall from profit to loss, Strategy has begun to approach profitability again as Bitcoin has started to rise again.
Bitcoin, the largest asset in the cryptocurrency market, surged over 7% in the last 24 hours, climbing above $73,000 and trading at $73,195 at the time of writing. This recovery has also significantly improved the financial outlook for companies holding substantial Bitcoin reserves.
Strategy, led by Michael Saylor, holds a total of 720,737 BTC in its balance sheet. The average cost of purchase for these assets is approximately $75,985. Due to previous declines in Bitcoin prices, the value of the company’s reserves temporarily fell below cost, resulting in unrealized losses.
However, with the renewed rise in Bitcoin prices, the company’s reserve value is recovering. As of today, Strategy’s total Bitcoin reserves are worth approximately $52.78 billion. Despite this, the company still holds a net loss of approximately $1.99 billion, representing an unrealized loss of about 3.63%, as it remains slightly below its average cost of goods.
So, Strategy will be profitable if the BTC price climbs to $75,985.
Strategy has continued its Bitcoin purchases in recent months. On March 2, 2026, the company increased its reserves by purchasing approximately 3,015 BTC at an average price of $67,700. This transaction represents an investment of approximately $204 million.
*This is not investment advice.
