NewsNewsDetails
Strategy Bought $28.7 million worth of Bitcoin in early October
Coinpaper
1h ago
Ai Focus
Strategy indicates that the company continued to increase its holdings of Bitcoin despite the trading price of Bitcoin being significantly higher than its average cost of $75,441 in its overall treasury. The company also disclosed that it briefly stopped buying Bitcoin in September and instead used the cash for STRC. It reported that the expected earnings from digital assets for the third quarter were $20.91 billion, and as of September 30, the book value of Bitcoin was $70.82 billion.
Helpful
No.Help

Strategy continues to buy on top of the cost base

This means that the company is not only buying at low prices when they are below cost, but it continues to increase its holdings even when the trading price of Bitcoin is significantly higher than the average embedding cost of approximately $75,441 across its entire treasury.

This change occurred after this summer, when the company's treasury strategy became more flexible, allowing for the allocation of funds between Bitcoin, cash reserves, preferred stock obligations, and buybacks.

MSTR sells and provides cash to fund purchases.

The financing structure is also worth noting.

This change became apparent in September: Strategy briefly stopped buying Bitcoin and instead used the cash for STRC.

The company also reported that the expected revenue from digital assets for the third quarter was $20.91 billion, and as of September 30, the book value of its Bitcoin was $70.82 billion.

Tip
$0
Like
0
Save
0
Views 28
HQYC reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”，and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Why a slight decline in Bitcoin could also trigger billions of dollars in liquidations
Bitcoin doesn't have to fall by 20%; high-leverage positions can also be liquidated within a few percentage points of fluctuation. The article explains leverage, maintenance margin, the chain reaction of forced liquidations, and why open positions amplify selling pressure. It also clarifies that the total amount of liquidations refers to the nominal value of the liquidated positions, not just the cash invested by traders.
Coinpaper
·2026-10-06 01:00:20
6
Brazilian stock market surges; markets see Bolsonaro's chances of winning the presidential election as significantly increasing
After the results of Brazil's first round of presidential elections were announced, the market significantly increased its predictions that Jair Bolsonaro would win the election, driving up the value of related Brazilian assets. iShares MSCI Brazil ETF On Monday, these assets rose by more than 12%, while Itaú Unibanco and Bradesco Bank's stocks listed in the U.S. increased by 15% and 19% respectively.
CNBC
·2026-10-06 01:00:18
7
FF EAI Robotics Ecosystem Inc Claims Record-Breaking Robot Sales and Shipments in September, Reaching 265 Units
FF EAI Robotics Ecosystem Inc stated that in September, the sales and shipments of its EAI robot devices reached 265 units, setting a new monthly high; as of the third quarter, the cumulative total was 575 units, and from the end of February to the end of September, it totaled 817 units. The company also mentioned that on October 14th, they will jointly host a new product launch event with FFAI, and continue to advance the independent listing of their robotics business.
PR Newswire
·2026-10-06 00:40:05
10
Clockwork.io Raises $31 Million in Financing
Clockwork.io Announces $31 Million in Financing; LinkedIn, Together AI, and WhiteFiber Are Adopting Its Fault-Tolerant Software to Reduce GPU Idle Time. The Company Also Released New Features for TorchPass to Preserve the Status of Distributed AI Tasks Without Changing Code, and to Accelerate Reinforcement Learning.
PR Newswire
·2026-10-06 00:10:39
17
PTC Shareholder Alert: Ademi LLP Investigation on Whether the Acquisition is Fairly Valued PTC
Ademi LLP indicates that an investigation is underway to determine whether the transaction in which Schneider Electric intends to acquire PTC provides fair value to the public shareholders of PTC, and whether the board of directors of PTC adequately protected the interests of shareholders during the negotiation and approval of the transaction. The transaction is a cash-only deal, and under this valuation, PTC shareholders will receive $205 per share, which amounts to approximately $22.6 billion in equity for PTC.
PR Newswire
·2026-10-06 00:10:38
18
View More
Latest from Author
Refresh
arrow
Bitwise NEAR ETF is closer to approval, while NEAR has risen by about 26% in a week.
Bitwise NEAR ETF is closer to approval, while NEAR has risen by about 26% in a week.
09-27 00:29   268peopleViews
Why U.S. Treasury yields may still rise when the Fed cuts interest rates
Why U.S. Treasury yields may still rise when the Fed cuts interest rates
09-27 00:20   259peopleViews
Nvidia Vera Rubin claims that AI has a 3.7-fold performance boost, but who can afford it?
Nvidia Vera Rubin claims that AI has a 3.7-fold performance boost, but who can afford it?
09-27 00:10   252peopleViews
Recommended