$3.9B Bitcoin Gains in Q3, Strategy Skips Weekly Purchases for First Time Since April

Strategy (MSTR), the original bitcoin treasury company, reported $3.9 billion in gains on its BTC holdings for Q3, following a weekend rally that lifted bitcoin to record highs.

Executive Chairman Michael Saylor confirmed that the company did not add to its roughly 640,000 BTC stack last week—the first pause in weekly purchases since April.

With an average cost of $73,983 per bitcoin, Strategy’s holdings are now valued around $78.7 billion, representing $31.4 billion in unrealized gains.

Q3 Financial Highlights

For the quarter ending September 30, Strategy recorded an unrealized gain of $3.89 billion on its digital assets and a deferred tax expense of $1.12 billion. The company’s digital asset carrying value stood at $73.21 billion, with a deferred tax liability of $7.43 billion.

MSTR shares rose 2.5% in premarket trading, tracking bitcoin’s surge to $124,500.