Strategy Inc Reports 848000 BTC Holdings in October 5 8-K Filing

848000 BTC now forms the core of Strategy Inc treasury after the company added 334 BTC between October 1 and October 4. The Form 8-K filed on October 5 details an aggregate cost of 63.97 billion dollars for the full stack including fees and expenses.

Holdings Breakdown

The company reported 847666 BTC on September 30 with zero purchases in the final three days of that quarter. The 334 BTC bought in early October came at a total outlay of 28.7 million dollars. No purchases occurred between September 28 and September 30, keeping the September 30 figure unchanged until the new week began.

Funding Sources

15.7 million dollars of the October purchases came from net proceeds of 92894 MSTR Class A shares sold through the at-the-market program. The remaining 13 million dollars came directly from USD Cash reserves. No preferred stock was sold through the program during either period covered by the filing.

Strategy Inc bought back 1033168 STRC shares for 102.6 million dollars from September 28 to September 30. It followed that activity with another 740634 STRC shares repurchased for 73.7 million dollars from October 1 to October 4. 547.2 million dollars remains available under the preferred repurchase program and 1 billion dollars under the MSTR repurchase program as of October 4.

Reserve Balances

154.1 million dollars of USD Cash funded the STRC repurchases while 13 million dollars funded bitcoin acquisitions during the full September 28 to October 4 window. 142.5 million dollars of the USD Reserve covered preferred dividends and debt interest. The USD Reserve stood at 4.88 billion dollars and USD Cash at 833.4 million dollars on October 4.

Q3 Accounting Estimates

Management estimates a 20.91 billion dollar gain on digital assets for the quarter ended September 30 along with a 70.82 billion dollar digital asset carrying value. The fair value of bitcoin exceeded cost at quarter end, triggering reversal of the 4.12 billion dollar June 30 deferred tax asset and release of the valuation allowance. Estimated deferred tax expense fell to 1.88 billion dollars because of the 4.12 billion dollar income tax benefit from the release. Software-operations deferred tax assets are excluded from these figures.

Important Limits

All Q3 numbers represent unaudited management estimates. KPMG has not audited or reviewed the figures and the full quarterly report remains pending. The filing provides a clean snapshot of holdings and funding activity without live market prints or per-coin averages.