Michael Saylor is smiling again: Strategy out of the red thanks to Bitcoin rise

Bitcoin (BTC) rose to its highest price in ten weeks today, and Michael Saylor will be very happy about that. After all, his company Strategy no longer has to record a loss on its immense Bitcoin stockpile. But does this actually matter? 780,897 BTC back in the plus Bitcoin has the wind in its sails again. The BTC price rose by nearly 4 percent today and touched $78,000 for the first time since February 3. The surge was particularly strong due to the news that Iran has reopened the Strait of Hormuz. On Monday it went up even faster, and over the past week, a gain of over 10 percent is now on the boards. It could turn out to be the best week since November 2024. Key 2026 Strategy Developments: Back in the Green: As of April 14, 2026, with Bitcoin price breaching $75,600, Strategy’s average breakeven price, the firm returned to an "on-paper" profit for the first time since early January 2026. Massive Accumulation Continues: In early April 2026, Strategy bought another $1 billion worth of Bitcoin (roughly 13,927 BTC). As of April 13, 2026, the company held a total of 780,897 BTC. The "Stretch" (STRC) Engine: Strategy is using its STRC preferred stock issuance to fund these purchases, reaching a record $1.156 billion in daily trading volume on April 13, 2026. 1 Million Bitcoin Goal: The firm has signaled an ambitious target to accumulate 1 million BTC by the end of 2026, requiring them to acquire roughly 219,000 more coins, for which they still have nearly $49 billion available in authorized stock sales. Bitcoin Standard Metric: Saylor has touted a proprietary "BTC Gain" metric, reporting a gain of 17,585 BTC (roughly $1.3 billion in value) in the first two weeks of April 2026 alone, highlighting the net growth of Bitcoin per share