Strategy bought 334 BTC for roughly $28.7 million raised through Class A common stock sales, lifting its treasury to 848,000 BTC as of October 4. Strive separately added 2,000 BTC through a preferred stock offering, taking it to 29,462. Neither purchase moved price out of its range: sellers turned back a move above $87,000 for the third time since September 23. FxPro's Alex Kuptsikevich reads the setup as price approaching the apex of a triangle, which argues for a volatility expansion without saying which way it resolves. The read-through is that corporate bid size is no longer the marginal factor it was.
October 6, 2026
Strategy Adds 334 BTC and the $87K Ceiling Holds Anyway
Original reporting: Yahoo Finance ↗