Strategy booked an $8.3 billion bitcoin loss last quarter. Could Q3 show a gain?
- —The $8.3 billion loss stems from revaluing Strategy's bitcoin reserves
- —Focus is on whether the Q3 report will show a gain
- —Strategy previously disclosed a $20.91 billion estimated bitcoin gain
Why it matters: The report will show how bitcoin volatility affects the balance sheet of the largest corporate BTC holder.
Source: Google News (crypto query)