Strategy Posts $21B Q3 Gain And Adds 334 BTC

Update (Oct 5, 13:39 UTC): Strategy reported a third-quarter digital asset gain of $20.91 billion alongside $1.88 billion in deferred tax expense. Between October 1 and 4, the company added 334 BTC for $28.7 million and repurchased $176.3 million of its preferred stock.

Michael Saylor has renewed speculation that Strategy may have accumulated more Bitcoin after publishing a new accumulation chart, according to CryptoNews. The company's confirmed holdings currently stand at 847,666 BTC.

Strategy reached its current holdings after purchasing 1,665 coins for $142.7 million during the week ended Sept. 27. Saylor posted the message "More orange than ever" alongside Strategy’s Bitcoin purchase chart on Sunday, though the post did not disclose a purchase amount, transaction date, or price.

Financial Capacity and Stock Program

Strategy funded its previous purchase through sales of MSTR common stock, generating $246.2 million in net proceeds between Sept. 21 and Sept. 27. The company's latest SEC filing shows that $18.84 billion of MSTR shares remained available for future issuance under its at-the-market program as of Sept. 27.

At current market prices near $85,250, Strategy’s 847,666 BTC position carries a market value of roughly $72.3 billion, sitting above the company’s reported aggregate acquisition cost of $63.95 billion, which equals an average of $75,437 per coin including fees and expenses.

Key facts

• Strategy holds 847,666 BTC acquired for a total cost of $63.95 billion.
• The company purchased 1,665 coins for $142.7 million between Sept. 21 and Sept. 27.
• Strategy's SEC filing shows $18.84 billion available for MSTR share issuance as of Sept. 27.
• Bitcoin trades near $85,250, while Strategy's average acquisition cost is $75,437 per coin.
• Saylor posted "More orange than ever" on Sunday without confirming a new transaction.