Strategy Bitcoin Treasury Rebounds to $1.4B Profit After Summer Slump

Strategy‘s Bitcoin treasury has moved back into positive territory following a five-day market climb that pushed the digital currency above the company’s average acquisition price of $75,385.

The enterprise intelligence firm holds 840,447 BTC, currently valued at roughly $64.97 billion. Trading near $77,000 per token has placed the company’s position at an unrealized gain of approximately $1.4 billion, representing a 2.4% return.

The recovery marks a decisive rebound from July, when a drop toward $58,000 left Strategy’s treasury balance roughly $13 billion underwater. Bitcoin remains below its peak of $126,000 reached in October.

Investor response pushed Strategy shares up roughly 10% in Friday pre-market trading to $120, reaching their highest price in two months. The rally coincided with a shift in corporate balance sheet management under Executive Chairman Michael Saylor. Despite a longstanding pledge never to sell treasury holdings, the company has offloaded 6,948 BTC for approximately $432.5 million since May.

Filings indicate the company liquidated 1,690 BTC for $109 million during the week ending August 9, utilizing the capital to repurchase STRC, its variable-rate perpetual preferred stock, which finalized its holdings at 840,447 BTC.

Strategy suspended token disposals the following week, instead raising $334 million through MSTR share sales at the elevated prices. Corporate treasury allocated those equity proceeds toward preferred dividends, STRC buybacks, and boosting its cash reserves to $4.8 billion.

Trading volume accelerated across the broader digital asset market as Bitcoin jumped nearly 23% over five consecutive days, breaking out of a summer consolidation pattern in the low-to-mid $60,000 range.

The price movement followed statements from President Donald Trump, who pressed Congress on Wednesday to pass the Clarity Act. The bill would create a federal digital asset framework dividing statutory authority between the Securities and Exchange Commission and the Commodity Futures Trading Commission.

Commodity Futures Trading Commission Chair Michael S. Selig stated Thursday that agency staff received directives to draft crypto market structure rules in the event that congressional legislation stalls.

If legislative progress remains blocked, Selig said, the regulatory agency will deploy its existing powers to construct a market regime directly.