Strategy’s Bitcoin Treasury Hits 848,000 BTC After 334 BTC Buy
Bitcoin holdings at Strategy reached 848,000 BTC on Oct. 4 after a 334 BTC purchase for $28.7 million. The latest buy averaged $85,838.80 per coin, lifting the firm’s total cost basis to $63.97 billion. Michael Saylor also disclosed a roughly $21 billion third-quarter gain on digital assets.
Strategy lifted its Bitcoin (BTC) treasury to exactly 848,000 BTC as of Oct. 4 after acquiring 334 BTC for $28.7 million. The latest tranche was purchased at an average price of $85,838.80 per coin, taking the company’s total cost basis to approximately $63.97 billion across its position.
The new coins nudge holdings from 847,666 BTC to the round 848,000 BTC mark. The firm’s overall average acquisition price for its bitcoin sits at $75,440.70 per BTC, indicating the most recent add was above the portfolio’s blended entry.
How large is Strategy’s Bitcoin position now, and at what cost?
The company holds 848,000 BTC, up from 847,666 BTC after a 334 BTC addition between Oct. 1 and Oct. 4. The latest purchase cost $28.7 million at an average of $85,838.80 per coin. In total, Strategy’s bitcoin position carries a $63.97 billion cost basis, with an overall average acquisition price of $75,440.70 per BTC.
The incremental buy brings the treasury to a precise milestone while illustrating a continued dollar allocation at price levels above the historical average. The 334 BTC clip represents a modest top-up relative to the multiyear program that built the 848,000 BTC hoard, but it underscores ongoing conviction in the asset despite short-term price variability.
Metric
Before
After
Detail
Bitcoin holdings
847,666 BTC
848,000 BTC
+334 BTC
Latest purchase size
—
334 BTC
$28.7 million total
Latest average price
—
$85,838.80
Per BTC
Total cost basis
—
$63.97 billion
All BTC held
Overall average price
—
$75,440.70
Per BTC across holdings
What did Michael Saylor disclose about recent performance?
Michael Saylor disclosed a roughly $21 billion third-quarter gain on digital assets. That figure highlights the magnitude of recent mark-to-market tailwinds across the portfolio, even as the company continues to add bitcoin in smaller, incremental purchases.
The disclosure frames the scale of quarter-on-quarter movement in digital asset valuations relative to the firm’s large base position. While the company’s latest 334 BTC buy was executed above its overall average acquisition price, the broader third-quarter gain indicates substantial appreciation in the period across digital assets.
What should investors watch next?
Attention turns to whether the firm maintains its purchase cadence after reaching 848,000 BTC and how future buys compare to the overall average price of $75,440.70. Investors will also watch for further disclosures on digital asset performance after the roughly $21 billion third-quarter gain.
Upcoming updates on purchase size, timing, and cost basis will indicate whether the latest clip was opportunistic or part of a steady allocation rhythm. Any move that materially shifts the blended entry price or total holdings will be closely parsed for signals on treasury strategy and risk posture.
With another round number secured, the forward question is less about symbolism and more about pace: how quickly the next 1,000 BTC are accumulated, at what per-coin cost, and with what implications for aggregate exposure relative to market conditions.
This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile and carry significant risk. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions. Past performance does not guarantee future results.
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