Bitcoin Rally Pushes Strategy Holdings Above Acquisition Cost

Strategy Inc. returned to buying Bitcoin last week, acquiring 950 BTC for $75.7 million at an average price of $79,670. The purchase, reported in a regulatory filing, brought the company's total holdings to 846,000 BTC. With the cryptocurrency trading above $85,000, those holdings are now valued at approximately $71.9 billion, placing them roughly $8.1 billion above the $63.8 billion aggregate acquisition cost.

The balance sheet has moved into positive territory relative to historical cost. In the second quarter, when Bitcoin closed at $58,714, Strategy reported an $8.32 billion loss on digital assets, including $8.31 billion of unrealized losses. The current price has since erased that deficit.

Strive Inc. also contributed to the weekly accumulation, purchasing 1,355 BTC for $107.7 million. The company's treasury now stands at 26,355 BTC. Both firms executed their purchases below the latest market price, with Strategy's average acquisition cost at $79,670 and Strive's at $79,475.

Strategy and Strive added 2,305 BTC, valued at $183 million, last week, according to CryptoSlate, a move that follows the accumulation of roughly 89,000 BTC in July 2025 noted by the same outlet. Finance.yahoo.com reports that the company has built $2.25 billion in reserves to cover annual preferred dividends of approximately $887 million. While this corporate buying continues, Bitcoin price analysis noted that in early February, retail investors were exiting while whales traded near the $80,000 mark. The upcoming CPI release on October 14, 2026, according to the Bureau of Labor Statistics, and the Federal Reserve's rate decision on October 28, 2026, as stated by the Federal Reserve, will test if this rally holds.

Strategy repurchased 1.77 million STRC shares for $174 million last week, leaving $5.04 billion in its reserve and $1.05 billion of separately designated cash as of September 20. CEO Phong Le explained in July that "repurchasing the security below par can reduce future dividend obligations while supporting" a sustainable market for the shares.

Listed companies added about 5,900 BTC over the past three months, a figure Glassnode estimated against a sector average acquisition price of roughly $80,500. The current price of $85,000 has cleared that threshold, pushing the corporate treasury cohort back above its estimated cost basis.