Share this article

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

Shares were higher in premarket action alongside bitcoin's weekend gain to a new record price.

Updated Oct 6, 2025, 1:24 p.m. Published Oct 6, 2025, 12:29 p.m.
Michael Saylor
caption: Gage Skidmore/CC BY-SA 2.0/Modified by CoinDesk

What to know:

  • 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
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

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.

Financial Update Highlights

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.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Boring Bitcoin's Green Light Moment Incoming?

Crystal ball. (GimpWorkshop/Pixabay)

BTC continues to bore traders with its directionless price action. But some indicators are pointing to renewed bullishness.

What to know:

  • The Federal Reserve's recent rate cut did not significantly impact bitcoin's price, which remains directionless.
  • Bitcoin's MACD histogram signals potential bullish momentum, while the dollar index's points bearish.
  • The ETF flows continue to disappoint.