Strategy Q3 Bitcoin Gains Were $3.9B; No Weekly Buys for First Time Since April

Core Insights - Strategy (MSTR) reported a $3.9 billion gain on its bitcoin holdings for the third quarter [1] - The company did not add to its bitcoin holdings of 640,000 for the first time since April [1] Financial Performance - The average purchase price of MSTR's bitcoin holdings is $73,983 per coin, with current holdings valued at approximately $78.7 billion based on a bitcoin price of around $124,000, resulting in unrealized gains of about $31.4 billion [2] - For the quarter ended September 30, MSTR announced an unrealized gain of $3.89 billion on digital assets and a deferred tax expense of $1.12 billion [3] - As of September 30, the carrying value of the company's digital assets was $73.21 billion, with a related deferred tax liability of $7.43 billion [3] - MSTR shares increased by 2.5% in premarket trading, reflecting bitcoin's gains [3]