Bitcoin Magazine Strategy Reports $3.9 Billion in Bitcoin Gains for Q3 2025
Strategy, the world’s largest corporate holder of Bitcoin, reported $3.9 billion in fair value gains for the third quarter, according to a company press release.
Strategy holds roughly 640,000 Bitcoin, with an average purchase price of $73,983 per coin. At current prices near $124,500, its holdings are valued at approximately $78.7 billion, representing unrealized gains of about $31.4 billion.
“For every $10,000 change in BTC price, we generate $6 billion in unrealized gains on our BTC holdings,” noted Chaitanya Jain, a Bitcoin Strategist at Strategy.
The company has also issued several types of preferred shares this year to access additional funding beyond convertible debt and common stock. Three of these pref