W3BStation
Markets
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
10/06/2026

Strategy’s Bitcoin Holdings Top 848,000 After $28.7M Weekly Buy

What happened: Strategy (formerly MicroStrategy) purchased 334 BTC for $28.

Strategy’s Bitcoin Holdings Top 848,000 After $28.7M Weekly Buy

What happened: Strategy (formerly MicroStrategy) purchased 334 BTC for $28.7 million between September 28 and October 4, 2026, at an average price of $85,839 per bitcoin. This brings the firm's total BTC holdings to 848,000, representing about 4% of the capped 21 million supply and a market value near $73 billion. The purchase was funded through $15.7 million from share sales and existing cash reserves. The buy was signaled by Michael Saylor’s "More Orange Than Ever" post on X, following a pattern of pre-announcement hints.

Why it matters: While the addition is one of Strategy's smallest weekly buys in 2026, it underscores the company's ongoing commitment to bitcoin as a treasury reserve asset. The incremental approach signals a shift from the earlier, larger buys, possibly reflecting both market conditions and a strategic focus on cost-averaging. With an average cost basis of $75,441 per BTC, Strategy continues to outperform the market, but the pace of accumulation is clearly moderating.

Source: The Block