Strategy Buys 334 BTC; Metaplanet Reveals 10,000 BTC Sale
Strategy now holds 848,000 BTC after buying 334 for $28.7 million. Metaplanet sold 10,000 BTC in Q3 and bought 11,000 back to show it can raise cash.
Strategy said on Monday, 5 October 2026, that it bought 334 bitcoin for $28.7 million between 1 and 4 October, lifting its holdings to 848,000 BTC. The same day, Japan's Metaplanet disclosed that it sold 10,000 BTC in the third quarter and later bought 11,000 back to prove it can turn bitcoin into cash, ending September with 44,000 BTC.
Key takeaways
- Strategy paid an average of $85,838.8 per coin. Its 848,000 BTC cost $63.97 billion in total, an average of $75,440.7 each.
- Strategy also spent $176.3 million from 28 September to 4 October buying back its STRC preferred shares.
- Metaplanet sold 10,000 BTC at an average of about ¥12.47 million and bought 11,000 at about ¥13.63 million, a net gain of 1,000 BTC.
- Strive added 2,000 BTC for $168.8 million, reaching 29,462 BTC, and Bitmine added 15,112 ETH, reaching 6,016,414 ETH.
- Company buying does not set the price: bitcoin was at $85,805 (about ₹82.7 lakh) at 21:31 UTC on 5 October, little changed on the day.
What Strategy disclosed on 5 October
Strategy's filing with the US SEC on 5 October covers 28 September to 4 October. It bought 334 BTC from 1 to 4 October, paying $15.7 million from the sale of 92,894 of its MSTR shares and $13.0 million from its spare cash. It sold no preferred shares. Instead it bought back 1,773,802 STRC preferred shares for $176.3 million, funded mainly from cash and interest earned.
Strategy also gave early third-quarter figures: an estimated gain of $20.91 billion on its digital assets, a deferred tax expense of $1.88 billion, and a carrying value of $70.82 billion for its bitcoin at 30 September. Its US dollar reserve, kept to pay preferred dividends and interest, stood at $4.88 billion on 4 October, after $142.5 million was used for dividends during the week. The previous week's buy is in our report on Strategy's 1,665 BTC purchase.
Why Metaplanet sold 10,000 bitcoin
Metaplanet's notice to the Tokyo Stock Exchange says the company sold 10,000 BTC for about ¥124.7 billion (about $790 million) during the quarter, held the money as cash, and then separately bought 11,000 BTC for about ¥149.9 billion (about $950 million). The amount sold was larger than all its bonds, borrowings and other interest-bearing debt, which were not repaid. Metaplanet said credit rating agencies may not count bitcoin as a liquid asset if a company refuses to sell it, so it chose to prove it could. It plans to seek a credit rating to raise money through bonds and preferred shares.
Because the bitcoin it sold had cost more than the sale price, the sale created a capital loss for US tax purposes. Metaplanet estimates this could create a deferred tax asset of about $97 million, but says its auditor has not confirmed this. It reported a third-quarter BTC Yield, its measure of bitcoin per share growth, of 11.3%, and about ¥848 million of revenue from its bitcoin income business. Its 44,000 BTC make it the second-largest listed bitcoin holder after Strategy.
Bitcoin treasury numbers for the week
The bitcoin and ether treasury figures below come from the companies' own filings and releases on 5 October 2026.
| Company | Added | Total holdings | Average or cost detail |
|---|---|---|---|
| Strategy | 334 BTC ($28.7 million) | 848,000 BTC (4 Oct) | $75,440.7 average cost |
| Metaplanet | Net 1,000 BTC in Q3 | 44,000 BTC (30 Sep) | About ¥15.56 million average cost |
| Strive | 2,000 BTC ($168.8 million) | 29,462 BTC (2 Oct) | $84,422 paid per coin, with fees |
| Bitmine | 15,112 ETH | 6,016,414 ETH (4 Oct) | About 4.9% of all ether |
At $85,805 per bitcoin, Strategy's holding was worth about $72.8 billion, roughly $8.8 billion above cost. Metaplanet's average cost of about ¥15.56 million per coin was above the ¥13.15 million reference price it used for 30 September, so its holding was below cost at quarter end.
Why bitcoin treasury moves matter for Indian investors
Bitcoin treasury companies are now some of the largest holders of the coin, as our guide on who owns the most bitcoin shows. Their buying is steady but small next to daily trading, and Metaplanet's sale is a reminder that these firms can and do sell. Indian residents can buy US-listed shares such as MSTR through an overseas broker under the RBI's Liberalised Remittance Scheme; our guide to investing abroad through LRS covers the rules and tax.
Coins bought on Indian exchanges are taxed at a flat 30% plus 4% cess, with 1% TDS on transfers and no set-off of losses. Use an exchange registered with FIU-IND; there is no RBI licence for crypto exchanges. The live bitcoin price is ₹8,096,152 on our Bitcoin price in INR page, and ether is on our Ethereum price in INR page.
What to watch next for bitcoin treasury companies
- Strategy's vote: shareholders vote on 28 October on daily dividends for four preferred shares, starting with STRC; see our STRC vote report.
- Metaplanet's results: final third-quarter figures, including whether the $97 million tax asset is recognised.
- Credit ratings: whether Metaplanet or other treasury firms obtain ratings and issue more bonds or preferred shares.
- Next Monday: Strategy usually reports its weekly buying in a Monday SEC filing.
FAQ
How much bitcoin does Strategy own as of October 2026?
Strategy held 848,000 BTC as of 4 October 2026, bought for $63.97 billion in total at an average of $75,440.7 per coin, according to its SEC filing on 5 October.
Why did Metaplanet sell 10,000 bitcoin?
Metaplanet sold 10,000 BTC to show credit rating agencies and bond investors that it can turn bitcoin into cash when needed. It then bought 11,000 BTC back, ending the third quarter with 44,000 BTC.
Can Indians buy Strategy (MSTR) shares?
Yes. Indian residents can buy US-listed shares such as MSTR through an overseas broker under the Liberalised Remittance Scheme, which allows up to $250,000 per financial year. Foreign shares are taxed differently from crypto held in India.
This article is AI-assisted, educational and general in nature. It is not financial advice and never a guarantee of profit. Every trade is at your own risk on your own exchange. See our risk disclosure and editorial policy.
