Key facts
- Strategy reported a $21 billion gain on digital assets in Q3 2026.
- The company acquired 334 bitcoins last week.
- Strategy repurchased $176 million of its STRC preferred shares.
- As of October 4, 2026, Strategy holds 848,000 bitcoins.
- The company's bitcoin holdings are valued at approximately $72.6 billion.
Strategy, a major corporate holder of bitcoin, reported a significant quarterly profit driven by the cryptocurrency's rally in the third quarter of 2026. The company's founder and chairman, Michael Saylor, announced that Strategy recorded paper gains of $21 billion on its digital assets during the period. This surge in value is attributed to bitcoin's price increase, which saw its best three months in years, rising over 40% in Q3 2026.
In addition to the gains from its bitcoin holdings, Strategy also repurchased $176 million of its STRC preferred shares and acquired 334 additional bitcoins last week, according to a filing. As of October 4, 2026, the company holds 848,000 bitcoins, valued at approximately $72.6 billion at current prices.
The company's stock, MSTR, experienced an increase in early trading hours in New York following the news. Investors often buy Strategy's shares for heightened exposure to bitcoin. Strategy had previously slowed its bitcoin acquisitions after announcing a program to sell BTC from time to time to generate up to $1.25 billion for its USD reserve, fund preferred stock dividends, and cover interest expenses or repurchases. CEO Phong Le had previously reassured investors about the company's balance sheet despite a reported $8.22 billion loss in its July quarterly earnings.