Strategy Bitcoin treasury hits breakeven point as BTC price passes $77K
Bitcoin (BTC) hit $77,000 on Friday as business intelligence company Strategy’s corporate treasury returned to profit. Key points: Bitcoin reaches its highest level since May 26 as it revisits $77,000.
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Key Facts
- Fact 1: Bitcoin (BTC) hit $77,000 on Friday as business intelligence company Strategy’s corporate treasury returned to profit.
- Fact 2: Key points: Bitcoin reaches its highest level since May 26 as it revisits $77,000.
- Fact 3: Price returns above the cost basis for Strategy’s BTC corporate treasury at $75,385.
- Fact 4: Around 11% of the BTC supply constitutes a new band of support below $68,000.
Bitcoin (BTC) hit $77,000 on Friday as business intelligence company Strategy’s corporate treasury returned to profit. Key points: Bitcoin reaches its highest level since May 26 as it revisits $77,000.
Price returns above the cost basis for Strategy’s BTC corporate treasury at $75,385. Around 11% of the BTC supply constitutes a new band of support below $68,000. Strategy out of the red with Bitcoin at highest since May Data from TradingView showed new local highs above $77,400 prior to the week’s final Wall Street open.
(Original synthesis pending human/AI review — generated by the stub provider by selecting real sentences from the source material, not by writing new analysis or commentary.)
Original source: Cointelegraph
Also reported by Cointelegraph — Bitcoin.
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