Strategy Posts $1.4B Bitcoin Profit as BTC Price Surge Lifts Stock 10%

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Strategy is sitting on an estimated $1.4 billion profit from its bitcoin holdings following a recent surge in the cryptocurrency's price. The company's common stock climbed 10% during Friday pre-market trading, reaching $120 per share. This marks the stock's highest level in approximately two months. The rally reflects growing investor confidence tied to Strategy's substantial bitcoin position.

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