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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.
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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
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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.
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.
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