Strategy Q3 Bitcoin Gains Were $3.9B; No Weekly Buys for First Time Since April

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By James Van Straten, AI Boost|Edited by Stephen Alpher

Updated Oct 6, 2025, 1:24 p.m. Published Oct 6, 2025, 12:29 p.m.

Michael Saylor
  • Michael Saylor’s Strategy (MSTR) Reported $3.9 billion in fair value appreciation of its bitcoin holdings in the third quarter.
  • For the first time since April, the company did not add to its bitcoin holdings in the previous week.
  • Shares were ahead 2.5% in premarket trading.

With the third quarter now fully in the books, the original bitcoin treasury company Strategy (MSTR) reported a $3.9 billion gain on its mammoth holdings of BTC for that three month period.

Alongside, the compnay confirmed what had been teased by its Executive Chairman Michael Saylor over the weekend — that it did not add to its 640,000 stack last week — the first time since April that it did not do so.

STORY CONTINUES BELOW

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Strategy’s average purchase price across its bitcoin holdings is $73,983 per coin. With bitcoin’s current price around $124,000 those holdings are now valued around $78.7 billion, representing roughly $31.4 billion in unrealized gains.

For the quarter ended Sept. 30, the company announced an unrealized gain of $3.89 billion on its digital assets, along with a deferred tax expense of $1.12 billion.

As of Sept. 30, the company’s digital asset carrying value stood at $73.21 billion, with a related deferred tax liability of $7.43 billion.

MSTR shares rose 2.5% in premarket trading alongside bitcoin’s weekend gains to the current $124,500.

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

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