"Strategy reaches record record 848,000 BTC" Oct 05, 2026

Strategy bought 334 BTC for about $28 million between September 28 and October 4, lifting its holdings to a record 848,000 BTC, worth roughly $73 billion. The company has spent about $64 billion to build the position and has approximately $9 billion in unrealized gains. Its holdings amount to about 4% of Bitcoin’s maximum supply of 21 million. The latest purchase extends Strategy’s accumulation while leaving it with a large position whose reported market value is substantially above its cost.

Strategy funded the purchase with about $15 million from MSTR share sales and $13 million from cash. It still has $18 billion of MSTR shares available for issuance under its At the Market program, providing a potential source of further financing. During the same period, it repurchased $176 million of STRC preferred shares and paid preferred dividends and debt interest. As of October 4, Strategy reported a $4.8 billion USD reserve and $833 million in USD cash.

MetaPlanet sold 10,000 BTC for about $790 million in the third quarter, then bought 11,000 BTC for roughly $950 million. It ended the period with 44,000 BTC, a net increase of 1,000 BTC, and became the second-largest public Bitcoin treasury company behind Strategy. MetaPlanet said the transactions showed its Bitcoin could be converted into cash, supporting its effort to obtain a credit rating and raise financing through bonds and preferred shares. It also estimated an unaudited deferred US tax asset of about $97 million that could offset future capital gains.

OKX-ICE notified the SEC that it plans to launch a permissioned venue on OKX’s X-layer for tokenized shares, initially covering more than 60 US-listed companies. Issuers would have 30 days to opt out. The companies say the venue would provide global, 24/7 access to US equities while preserving ownership and shareholder rights. The proposal follows a September SEC decision that gave certain venues a five-year exemption to trade tokenized US-listed stocks without registering as traditional securities exchanges.

A Visa survey across 14 Asia-Pacific markets found that 46% of consumers expect to use stablecoins within five years, versus 16% who had used them in the previous year. Awareness was broader than understanding: 66% had heard of stablecoins, but only 6% could accurately explain them, while 38% of non-users cited fraud or scam concerns. Separately, CoinShares found that digital assets were held by 54% to 70% of affluent investors across seven US and European markets, representing around 10% of portfolios on average.

Velocity opened recovery claims for users affected by its April 1 exploit, which stole about $295 million. It issued one DFX token for each USDT lost; users can redeem tokens for USDT, sell them, or hold them. So far, about 216,480 DFX have been redeemed for roughly 2,250 USDT, a small amount compared with the losses and the 3.1 million USDT recovery pool. Velocity plans to direct 60% to 90% of net protocol revenue to the pool, but initial contributions are minimal, and pledged funding of up to $127 million from Tether and $20 million from partners has not reached it.

Blast is shutting down because its operating costs exceed revenue and the team sees no credible route to economic sustainability. Launched in November 2023 after a $20 million funding round led by Paradigm and Standard Crypto, it once had more than $2 billion in TVL and nearly 200,000 early users; TVL has since fallen to just over $32 million. Blast has asked users to move assets to Ethereum mainnet. Withdrawals will pause temporarily during the unwind, then resume with a 24-hour delay, and users can withdraw through Blast’s interface until October 26.