Strategy buys just 334 Bitcoin as preferred-share buybacks reach $1.45 billion

Strategy (formerly MicroStrategy) made its smallest positive Bitcoin purchase of 2026 even as a 43% quarterly rally in the cryptocurrency helped generate a $20.9 billion gain on its digital-asset holdings.  Related Company Strategy Business intelligence software  In an Oct. 5 filing with the US Securities and Exchange Commission (SEC), the Michael Saylor-founded company said it bought 334 Bitcoin for $28.7 million between Oct. 1 and Oct. 4 at an average price of $85,838.80, taking its holdings to 848,000 BTC. The acquisition fell below the previous yearly low of 520 BTC bought in June.  The slowdown contrasts with the performance of Strategy‘s existing Bitcoin position. Bitcoin gained about 43% during the third quarter, lifting the carrying value of the company’s holdings to $70.82 billion as of Sept. 30.  Related Asset Bitcoin BTC · $85,306.49 24-hour change: down 0.13%  Strategy estimated a $20.91 billion digital-asset gain for the quarter under fair-value accounting. The gain does not represent realized trading profit, but the rally pushed its Bitcoin value above its roughly $63.97 billion aggregate acquisition cost.  Related Person Michael Saylor Executive Chairman · Strategy  Chaitanya Jain, Strategys head of investor relations, said:  “Every $1,000 increase in BTC price [during the third quarter represented] a $848 million fair market value gain to

2 days agoIndustry

Bitcoin Price Fails to Break $87K as CFTC Signals New Crypto Rules

Bitcoin rallied to an intraday peak of $86,969 before erasing most of the gains and returning to trade near $85,200 with a $1.71 trillion market cap.  Key TakeawaysBitcoin faced rejection near $87,000 on Oct. 5, paring gains to trade at $85,200 with a $1.71 trillion market cap.The 24-hour price action triggered over $109 million in bitcoin position liquidations, led by $62 million in lost short bets.Analysts still eye “Uptober” gains as the CFTC opened a 60-day window for public input on new crypto rules.  Bitcoin Rejection Near $87K Triggers Intraday Volatility  Bitcoin wiped out early gains on Monday as the cryptocurrency again appeared to face rejection near $87,000 amid unusual volatility for a single 24-hour period. The topsy-turvy price action tempered market excitement sparked by the belief that October, historically a bullish month for bitcoin, will deliver even greater gains than August and September.  Market data shows bitcoins price was hovering just above $85,200 on Sunday afternoon when a sudden rally pushed the price to $86,969, an intraday peak. Soon after reaching that mark, the price descended sharply and traded below $85,500 shortly after midnight. The cryptocurrency twice attempted another run at $87,000 but lost momentum before reaching its earlier peak.  During bitcoins latest attempt,

2 days agoIndustry

Metaplanet reveals net income strategy to fuel Bitcoin accumulation

Japanese investment and Bitcoin treasury company Metaplanet introduced a net interest income strategy on Monday, seeking to invest capital in income-generating assets and use the net interest to fuel its Bitcoin accumulation and dividend payments.  The move is part of the companys revised capital allocation policy under which 10% to 15% of assets can move into strategic investments, including mergers and acquisitions and interest-generating assets.  Bitcoin (BTC) remains the company‘s core treasury reserve asset, accounting for 85% to 90% of total assets, Metaplanet revealed in a Monday notice. The decision aims to enhance the Japanese company’s financing capacity and credit quality to grow its BTC holdings per share through additional acquisitions.  The company revealed the fundraising model in the wake of shareholder concerns about Metaplanets governance and complex capital structure. On Friday, Metaplanet issued five corrected securities filings clarifying that CEO Simon Gerovich does not hold majority voting rights in MMX Ventures, a shareholder in Metaplanet.  Metaplanet Notice Regarding Further Revision of Capital Allocation Policy. Source: Metaplanet  In response to the corrections, pseudonymous Metaplanet shareholder Bitcoin Pharaoh urged the company to explicitly name who owns MMX Ventures, clarify the 23.8% stake listed to be indirectly held by Gerovich and to name the two unnamed executives

2 days agoIndustry

Treasury yields at 5% threaten extending Bitcoins best quarter since 2017

Bitcoin (BTC) is coming off its best third quarter since 2017, but extending the rally may prove more difficult as Treasury yields above 5% offer investors an increasingly attractive alternative to risk assets, according to Delphi Digital.  In its latest weekly newsletter, Delphi highlighted Bitcoin‘s 43% gain in the third quarter, followed by a third straight weekly advance last week. However, “the grind higher is happening against real resistance,” Delphi wrote, pointing to the Federal Reserve’s September rate hike and surging Treasury yields, which have reached multi-decade highs.  “When a government bond pays over 5% risk-free, every risky asset has to work harder to deserve the money,” Delphi wrote.  Bitcoin has so far managed to overcome the hurdle, helped in part by growing interest in the so-called debasement trade, or the view that persistent government borrowing and currency expansion will erode the dollars purchasing power.  According to Vanessa Grellet, managing partner at crypto-focused venture firm Arche Capital, “the debasement trade doesn‘t require low interest rates,” given investors’ growing focus on federal deficits and the governments rising interest bill.  Against this backdrop, Bitcoins price briefly topped $87,000 last week before correcting lower. It has gained more than 35% since mid-August, shortly after the US Treasury announced

2 days agoIndustry

Claude AI Predicts BTC Path After the Monday Dump Warning

An analyst suggests Bitcoin tends to decline on Mondays following a rise on Sundays. The sample size is five weeks. Ali Martinez flagged the pattern on October 4, pointing to five consecutive Sunday-Monday pairs between August 29 and September 28. In each, Monday reversed Sundays direction.  Claude AI predicts BTC stays rangebound rather than dumping, because the chart signal behind the warning has a weaker record than the headline suggests. BTC trades near $86,044, up about 1.1% over 24 hours. Volume has jumped 81% to $22.2 billion, with a market cap of $1.72 trillion.  SUNDAY PUMP = MONDAY DUMP  1/6 ????????  — Ali Charts (@alicharts) October 4, 2026  Market Intelligence: Crypto Analyst Reveals Upcoming Coinbase Listings  How Strong Is Ali Martinezs Sunday to Monday Pattern?  Weaker than five out of five implies. Five weeks is thirty-five trading days. Coin flips produce runs of five regularly, and the article notes the final Sunday gain was nearly flat. That makes the fifth data point marginal at best.  The second signal has more substance. Bitcoins four-hour chart flashed a TD Sequential sell signal. Comparable signals preceded declines of 1.74%, 4.37%, 3.11% and 1.96%.  Note what those numbers actually say. The average decline is roughly 2.8%. From $86,044, that is a move to

2 days agoIndustry

CFTC Unveils Plan to Bring Crypto Exchanges Under Federal Oversight

In briefThe CFTC published an advance notice outlining Regulation CTX and Regulation CAM, which would let crypto exchanges register as a new type of federally regulated “crypto asset market.”Under the agencys preliminary reading, merely offering leverage could bring even fully paid trades under CFTC oversight unless customers take actual delivery of their crypto.The public has 60 days to comment. Exchanges that dont offer leverage could keep operating under state licenses.  The CFTC wants to give crypto exchanges a federal home, and leverage is the key that unlocks the door.  The agency is moving forward with further rulemaking proposals following the collapse of the Clarity Act, the legislation that would have established the ground rules for most cryptocurrency activity in the United States but last month fell short. The CFTC on Monday published an advance notice of proposed rulemaking, an early step that seeks public input before formal rules are drafted.  Myriad: Who wins the midterm elections? Click to make your prediction.  Its proposal outlines two linked frameworks: Regulation Crypto Asset Transactions, or Regulation CTX, and Regulation Crypto Asset Markets, or Regulation CAM. The public will have 60 days to comment once the notice appears in the Federal Register.  The plan rests on a 2010 Dodd-Frank

2 days agoIndustry

Metaplanet sold 10,000 Bitcoin in a credit-rating bid, only to buy back 11,000 BTC at a higher price per coin

Metaplanet sold 10,000 Bitcoin and later bought back 11,000 BTC to strengthen its credit profile and expand beyond accumulation during the third quarter.  Related Asset Bitcoin #1 BTC · $85,213.61 24-hour change: down 0.12% Loading price history… 24H Down 0.12% 7D Up 1.87% 30D Up 6.54%  The Tokyo-listed company said it converted enough Bitcoin into cash during the third quarter to exceed the outstanding principal of its bonds, borrowings, and other interest-bearing debt. It subsequently rebuilt the position at a higher Bitcoin price, ending Sept. 30 with 44,000 BTC, up a net 1,000 for the quarter.  The transaction forms part of a broader attempt to convince rating agencies and fixed-income investors that Metaplanets Bitcoin reserves can be monetized when obligations come due.  Related Company Metaplanet A publicly traded company listed on the Tokyo Stock Exchange  The company plans to seek a credit rating and use a stronger financing profile to support a new business that borrows through bonds, preferred stock and Bitcoin-backed facilities before investing in higher-yielding assets.  The liquidity demonstration came at a price  Bitcoin rose between Metaplanets sale and repurchase, leaving the company paying substantially more to rebuild the position it had sold.  According to the preliminary, unaudited figures in its statement, Metaplanet disposed of 10,000

2 days agoIndustry

Strategy opts for bigger spending on STRC buybacks over BTC purchases

Michael Saylors Strategy last week spent more than six times its weekly Bitcoin buying budget on its repurchases of one of its preferred stocks.  Strategy bought 334 Bitcoin (BTC) for $28.7 million between Monday and Sunday, bringing its holdings to exactly 848,000 BTC, according to a Monday 8-K form filing with the US Securities and Exchange Commission.  Over the same period, Strategy repurchased about 1.77 million shares of its STRC preferred stock for $176.3 million.  The capital allocation comes as Strategy said it will seek shareholder approval to overhaul dividend payments across its preferred-stock lineup, highlighting the growing role of its preferred securities in funding and managing its Bitcoin treasury strategy.  Strategy pushes preferred stocks toward daily payouts  Strategy filed a separate proxy Monday seeking approval to pay regular dividends on STRC, STRF, STRK and STRD every business day, replacing STRCs twice-monthly schedule and quarterly payments on the other three preferred stocks.  The company said the proposal would not change dividend rates or its overall payment obligations, but could shorten reinvestment delays and improve liquidity and price stability.  Shareholders will vote on the proposal at a special meeting on Oct. 28. If approved, STRCs daily schedule would start in November, while STRF, STRK and STRD would follow

2 days agoIndustry

Bitcoin price fails to break higher after best weekly close in eight months

Bitcoin (BTC) fluctuated around $86,000 after Mondays Wall Street open as US bond yields continued to rise.  Key points:Bitcoin rejected near its weekly close of $86,570 after the start of the US trading session.US bond yields staged a rebounBitcoin price action continued with smaller moves, with the 2026 yearly open at $87,570 lingering overhead as key psychological resistance.d to eye new 24-year highs after dropping on Friday.Glassnode analysis reported less “aggressive upward momentum” visible in onchain data in recent days.  Bitcoin indecisive as US bond yields return higher  Data from TradingView showed BTC/USD struggling to move beyond its weekly open level near $86,500 after the highest weekly close since late January.  BTC/USD one-hour chart. Source: Cointelegraph/TradingView  US bond yields, already under scrutiny, headed higher on the day. The 30-year yield passed 5.67% once again, just two basis points below 24-year highs seen last week. The 10-year yield returned to 5.31%, with last weeks high at 5.34%.  US 30-year bond yield one-hour chart. Source: Cointelegraph/TradingView  Commenting, trading company QCP Capital reiterated that even recent cooler US employment data had not been enough to calm bond markets as broader geopolitical uncertainty persisted.  “Despite the dovish employment print, elevated oil prices and elevated long-dated yields continue to limit upside momentum for

2 days agoIndustry

NEXTPredict Founder: 'Nobody Was Serving' Prediction Markets' Enormous Audience

In briefNEXT.ios Pierre Lindh says nobody was covering prediction markets to “real journalistic standards,” and the audience for it dwarfs the trading base.NEXTPredict, the first global B2B conference for the sector, runs October 22–23 at Convene, Hudson Yards in New York.CNBC correspondent Contessa Brewer and CNN senior reporter Marshall Cohen are on the program alongside the exchanges.  Prediction markets have exploded into the mainstream media, with odds now regularly quoted on cable news, in wire copy and in equity research notes.  Thats why NEXTPredict, which runs on October 22 and 23 at Convene, Hudson Yards in New York, has put working reporters on the program rather than in a press room behind it. CNBC correspondent Contessa Brewer and CNN senior reporter Marshall Cohen were added in August, booked around the midterms. Organizers expect more than 50 speakers and 2,500 attendees, “bringing the category to broader audiences,” in the words of NEXT.io co-founder and managing director Pierre Lindh.  Prediction market stories are serious news that ordinary readers actually want, Lindh told PredictCentr in August, reaching an audience far larger than the iGaming trade he came from, and “nobody was serving it with real journalistic standards.”  The summit programme was built the same way. A “healthy

2 days agoIndustry
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