Hey kids! Did you hear about the company Strategy? They own a LOT of Bitcoin, a type of cryptocurrency, which is like digital money. They haven't bought any more Bitcoin this week, even though the price went up!
They bought their Bitcoins for a total of about $33 billion, which is a REALLY big number! Because the price of Bitcoin has gone up, they're making money now!
They also just announced they'll give some money to people who own a special kind of their stock.
- Strategy owns almost 500,000 Bitcoins.
- They didn't buy any more this week.
- Bitcoin's price went up, so Strategy is making a profit.
- They're also giving out a dividend (like sharing some of their profits).
Fact | Number |
---|---|
Number of Bitcoins owned by Strategy | 499,096 |
Total cost of Bitcoins | $33.1 billion |
Average price per Bitcoin | $66,357 |
Current unrealized profit | Over $13 billion |
Increase in Strategy's stock price (pre-market) | 13% |