Overview

• Strategy reported a $3.89 billion unrealized fair-value gain on its Bitcoin holdings for the quarter ended Sept. 30.
• The company holds about 640,031 BTC at an average cost of $73,983 per coin, valuing the stash near $79–$80 billion at recent prices.
• No routine weekly purchase was made for Sept. 29–Oct. 5, which executives characterized as a temporary break in its accumulation cadence.
• Q3 activity included buying 42,706 BTC for roughly $4.95 billion, funded by about $5.09 billion raised through underwritten and at-the-market offerings.
• The quarter included a $1.12 billion deferred tax expense and left a digital-asset carrying value of $73.21 billion with a related deferred tax liability of $7.43 billion.