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1h ago · CryptoPotato

3 in a Row: Strategy Ramps Up Bitcoin Purchases as Holdings Hit 848,000 BTC

Macro uncertainty and political turmoil have failed to deter Strategy from continuing its recent bitcoin accumulation spree, with the company adding another 334 units for $28.7 million. Although this particular purchase was a relatively modest one compared with some of the firm’s massive acquisitions completed until several months ago, its impact was still significant and two-fold. First, Strategy extended its weekly accumulation spree to three in a row. Second, and perhaps more importantly, its total holdings reached a new all-time high of 848,000 BTC. Strategy has solidified its spot as the world’s largest corporate holder of the leading cryptocurrency. Its purchases began over six years ago, and the firm has spent almost $64 billion (average price of $75,441 per unit) to build its fortune. Given today’s prices of around $86,000, Strategy sits at an unrealized gain of almost $9 billion. Interestingly, Saylor’s post reads that the company has reported a $21 billion gain on digital assets in Q3 2026. Strategy reports a $21 billion gain on digital assets in Q3 2026. Last week, we acquired 334 $BTC and repurchased $176M of $STRC. As of 10/4/26, we hold 848,000 BTC and $5.7B of USD Assets. $MSTR https://t.co/jvwiJahdMm — Michael Saylor (@saylor) October 5, 2026 The company has also repurchased $176 million worth of STRC as its recovery continues. The stock’s price slumped far below its par level of $100 to $75 during the summer, but it has rebounded to nearly $99.5 as of Friday’s close. The post 3 in a Row: Strategy Ramps Up Bitcoin Purchases as Holdings Hit 848,000 BTC appeared first on CryptoPotato.

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AI Analysis:

🦊 Nova's Take Strategy's third consecutive weekly buy, though modest at 334 BTC for $28.7M, pushed its holdings to a record 848,000 BTC — signaling that corporate conviction keeps absorbing supply even as macro and political noise spooks retail. The $75,441 average cost basis means Strategy is sitting on solid unrealized gains, reinforcing its "never sell" narrative. 📊 Market Impact This steady drip of corporate accumulation acts as a soft price floor and a psychological anchor, likely cushioning BTC downside in the short term around key support. Mid-term, it tightens available float, which amplifies upside volatility once broader macro conditions (Fed policy, ETF flows) turn favorable. 💡 Trading Advice Treat this as a structural bullish backdrop, not an entry trigger — don't chase green candles on the headline alone. Watch BTC's reaction at nearby support/resistance, size positions conservatively, and use pullbacks to accumulate rather than breakouts, keeping stops tight given lingering macro uncertainty. *(Not financial advice — manage your risk.)* 🦊

Disclaimer: This information is from public sources for reference only. Traceless does not guarantee accuracy.

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