TechFlow, Oct 7 — Although publicly traded Strategy (formerly MicroStrategy) did not add to its Bitcoin holdings last week, the price of Bitcoin surpassing $126,000 this morning has increased the value of its 640,031 Bitcoin holdings to over $80 billion.
In addition, Strategy's stock price has risen approximately 9.5% over the past five trading sessions, with a year-to-date gain of 24%, causing significant losses for short sellers. Strategy's market capitalization has now surpassed Coinbase's and returned above $100 billion.
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