Strategy founder Michael Saylor announced a substantial gain for the company’s Bitcoin holdings, with 15,586 BTC generating an estimated $1.36 billion profit following Bitcoin’s recent surge past $87,000. This marks Strategy’s first profitable period after weeks of losses. Saylor attributed this turnaround to growing interest in DeFi applications and increased institutional investment. 2.04% over the past day, reaching $86,477.36 at press time. Despite a recent market downturn, Strategy has remained committed to Bitcoin, as evidenced by their record-breaking gains. Saylor’s bold bet on Bitcoin is drawing considerable attention within the crypto community, particularly from retail and institutional investors who see this as a positive sign for further growth. The company plans to expand its treasury holdings through a $21 billion issuance of preferred stock. This move reflects their continued belief in the future potential of Bitcoin.