Strategy continues buying Bitcoin. Michael Saylor's company has just acquired an additional 334 BTC for 28.7 million dollars, bringing its total reserve to exactly 848,000 BTC.
Strategy (formerly MicroStrategy) made its smallest positive Bitcoin purchase of 2026 even as a 43% quarterly rally in the cryptocurrency helped generate a $20.9 billion gain on its digital-asset holdings. In an Oct. 5 filing with the US Securities and Exchange Commission (SEC), the Michael Saylor-founded company said it bought 334 Bitcoin for $28.
Bitcoin rallied to an intraday peak of $86,969 before erasing most of the gains and returning to trade near $85,200 with a $1.71 trillion market cap.
Buying around the June low spanned wallet-size groups. Bitcoin's share of supply in profit fell to about its November 2022 level.
Bitcoin slipped below $85,000 despite fresh Strategy, Metaplanet and Strive buying disclosures totaling a net 3,334 BTC as $87K resistance holds.
Strive (NASDAQ: ASST) continued its march toward the number two spot on the corporate Bitcoin holders leaderboard as Matt Cole disclosed the firm's third-largest Bitcoin purchase, paying $169 million to add roughly 2,000 BTC to its stack.
Metaplanet sold 10,000 Bitcoin and later bought back 11,000 BTC to strengthen its credit profile and expand beyond accumulation during the third quarter. The Tokyo-listed company said it converted enough Bitcoin into cash during the third quarter to exceed the outstanding principal of its bonds, borrowings, and other interest-bearing debt.
Morgan Stanley is becoming one of the fastest-growing Bitcoin exchange-traded funds in the U.S. market, less than five months after its launch. Its ETF, known as MSBT, currently holds 10,519 BTC valued at approximately $903.86 million, according to recent data from blockchain intelligence firm Arkham.
Bitcoin traded around $86,000 on Oct. 5 after approaching $87,400. The reported moving-average crossover remains a chart analysis claim.
Bitcoin is approaching a key resistance area again after recovering from its late-September pullback. The price structure remains constructive, but nearby technical resistance and holder cost bases suggest that buyers still face a meaningful barrier to further gains.
The Bitcoin rally keeps bumping into the same wall, but a classic bullish signal suggests the trend is built to last.
Strive announced the acquisition of 2,000 BTC last week for a total of $169 million, at an average price of $84,422 per unit. The transaction, confirmed by its CEO Matt Cole. This is the third largest purchase in the company's history according to on-chain data, and the second largest completed so far in 2026.