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Strategy Reports $3.9 Billion Q3 Bitcoin Gain as Weekly Purchases Pause

The company financed its accumulation with $5.09 billion raised in the quarter.

Overview

  • Digital assets carried a value of $73.21 billion as of Sept. 30, with 640,031 BTC held at a $73,983 average cost.
  • Q3 purchases totaled 42,706 BTC for $4.95 billion, funded by ongoing capital programs.
  • Capital raised in Q3 included a $2.47 billion STRC preferred IPO and $2.62 billion via at-the-market equity sales.
  • Strategy recorded a $1.12 billion deferred tax expense for the quarter and reported a $7.43 billion deferred tax liability at quarter-end.
  • The company confirmed no bitcoin buys last week, the first pause since April, and MSTR shares rose roughly 2%–2.5% following the update.