Strategy boosts bitcoin holdings to 848,000 with latest purchases
Strategy (NASDAQ: MSTR) has made significant moves in its bitcoin holdings and stock repurchases, as outlined in a company statement released on October 5, 2026. Between October 1 and October 4, 2026, the firm acquired 334 bitcoin for $28.7 million, at an average price of $85,838.8 per bitcoin. These purchases were funded by the sale of 92,894 shares of Class A common stock, generating $15.7 million in net proceeds. As of October 4, 2026, Strategy held a total of 848,000 bitcoin, with a total cost basis of approximately $63.97 billion and an average purchase price of $75,440.7 per bitcoin.
In addition to bitcoin acquisitions, Strategy has been actively repurchasing shares of its preferred stock series STRC. Between September 28 and September 30, 2026, the company bought back 1,033,168 shares for $102.6 million, and between October 1 and October 4, 2026, it repurchased an additional 740,634 shares for $73.7 million. As of October 4, 2026, $547.2 million remained available under the company's digital credit securities repurchase program, and $1.0 billion under its MSTR Stock repurchase program.
Financially, Strategy reported a USD Reserve of $4.88 billion and a USD Cash balance of $833.4 million as of October 4, 2026. For the third quarter ended September 30, 2026, the company estimated a $20.91 billion gain on digital assets and a $1.88 billion associated deferred tax expense. The digital asset carrying value was estimated at $70.82 billion, with a net deferred tax liability of $1.88 billion related to its bitcoin holdings. A $4.12 billion deferred tax asset recorded as of June 30, 2026 was reversed following bitcoin's fair value exceeding its cost basis by September 30, 2026.