The recent surge in Bitcoin's (CRYPTO: $BTC) price has given Strategy (NASDAQ: $MSTR) a $1.4 billion U.S. profit on its cryptocurrency holdings.
Bitcoin was trading at $77,300 U.S. early on Aug. 21, up 23% from $62,800 U.S. at the start of the week.
The price of BTC has taken off after the U.S. Treasury intervened in the bond market to lower yields and U.S. President Donald Trump called on Congress to pass the Clarity Act legislation.
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Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins
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Bitcoin was trading at $77,300 U.S. early on Aug. 21, up 23% from $62,800 U.S. at the start of the week.
The price of BTC has taken off after the U.S. Treasury intervened in the bond market to lower yields and U.S. President Donald Trump called on Congress to pass the Clarity Act legislation.
More From Cryptoprowl:
Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins
#Crypto #Bitcoin #treasury #president
2 months ago
