Bitcoin treasury companies return to profit as prices exceed $80K

Bitcoin climbed back above $80,000, and the companies that stockpile it are finally in the black again. Public firms that hold Bitcoin as a primary reserve asset now show aggregate unrealized gains of approximately $10.2 billion, or about 11.1%. The numbers behind the rebound The price recovery came in mid-to-late October 2026. That pushed the corporate Bitcoin trade out of the red it had been stuck in earlier in the year. Across 172 tracked public companies, holdings total approximately 1.27 million BTC. That stash represents about 6% of Bitcoin’s total supply. As of late October 2026, those coins were worth approximately $107 billion. Cost data is only available for 101 of the 172 firms. Those companies paid approximately $92.6 billion for coins that are now valued higher than what they spent. The average cost basis across the group sits near $76,300 per BTC. With Bitcoin above $80,000, that cushion is real but not exactly roomy. Strategy still runs the show Strategy, the company formerly known as MicroStrategy, remains the heavyweight of the sector by a wide margin. It holds approximately 848,500 BTC, or roughly 4% of all Bitcoin that will ever exist. Put differently, one compan...