{"id":877317,"date":"2025-10-13T01:15:06","date_gmt":"2025-10-13T06:15:06","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/10\/13\/strategy-reports-3-9b-bitcoin-gain-in-q3-becomes-the-106th-largest-us-public-firm\/"},"modified":"2025-10-13T01:15:06","modified_gmt":"2025-10-13T06:15:06","slug":"strategy-reports-3-9b-bitcoin-gain-in-q3-becomes-the-106th-largest-us-public-firm","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/10\/13\/strategy-reports-3-9b-bitcoin-gain-in-q3-becomes-the-106th-largest-us-public-firm\/","title":{"rendered":"Strategy reports $3.9B Bitcoin gain in Q3, becomes the 106th largest US public firm"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div id=\"single-post-box-container-501668\">\n<p><img decoding=\"async\" alt=\"bitcoins Strategy reports $3.9B Bitcoin gain in Q3, becomes the 106th largest US public firm\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/imgresize\/timthumb.php?src=https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/strategy-bitcoin.jpg&#038;w=70&#038;h=37&#038;q=75\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/imgresize\/timthumb.php?src=https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/strategy-bitcoin.jpg&#038;w=105&#038;h=55&#038;q=75 1.5x, https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/imgresize\/timthumb.php?src=https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/strategy-bitcoin.jpg&#038;w=140&#038;h=74&#038;q=75 2x\"> <span>Strategy reports $3.9B Bitcoin gain in Q3, becomes the 106th largest US public firm<\/span> <span> <span> <span>Gino Matos \u00b7<\/span> <span>6 days ago<\/span> <span>\u00b7 <span> 2 min read<\/span> <\/span> <\/span> <\/span> <span id=\"progressBar\"><\/span><\/p>\n<div>\n<div>\n<p>The company&#8217;s holdings surpassed $80 billion in value for the first time as Bitcoin trades above $125,000.<\/p>\n<div>\n<div>\n<p><a href=\"https:\/\/cryptoslate.com\/author\/gino-matos\/\" title=\"Gino Matos Profile\"> <img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/08\/cs-gino-150x150.jpg\" height=\"80\" width=\"80\"> <\/a><\/p>\n<div>\n<p> Oct. 6, 2025 <span>at 10:30 pm UTC<\/span><\/p>\n<\/div>\n<\/div>\n<div>\n<p><span> 2 min read<\/span><\/p>\n<p><span>Updated:<\/span> Oct. 7, 2025 <span>at 12:10 am UTC<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div> <picture><source media=\"(max-width: 767px)\" data-srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/strategy-bitcoin-768x403.jpg\"><img src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/strategy-bitcoin.jpg\" alt=\"bitcoins corporate plaza with the orange Strategy logo on a glass facade as a towering golden Bitcoin rises amid glowing teal-and-amber capital streams and upward charts.\" decoding=\"async\"> <\/picture>\n<p>Cover art\/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.<\/p>\n<\/div>\n<\/div>\n<div data-title=\"Strategy reports $3.9B Bitcoin gain in Q3, becomes the 106th largest US public firm\" data-url=\"https:\/\/cryptoslate.com\/strategy-reports-3-9b-bitcoin-gain-in-q3-becomes-the-106th-largest-us-public-firm\/\" data-id=\"501668\">\n<div>\n<p><a rel=\"sponsored nofollow\" href=\"https:\/\/link.cryptoslate.com\/stake_casino\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"500\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/07\/stake-Casino-Game-Creative_GIF-600x500-px.gif\" alt=\"bitcoins Stake\"><\/a><\/p>\n<\/div>\n<p><a href=\"https:\/\/cryptoslate.com\/companies\/microstrategy\/\">Strategy<\/a> reported <a href=\"https:\/\/x.com\/saylor\/status\/1975170188417925404\">$3.89 billion in unrealized gains<\/a> on Bitcoin (<a href=\"https:\/\/cryptoslate.com\/coins\/bitcoin\/\">BTC<\/a>) during the third quarter of 2025, propelling the company to surpass <a href=\"https:\/\/cryptoslate.com\/companies\/coinbase\/\">Coinbase\u2019s<\/a> market cap.<\/p>\n<p>The company\u2019s holdings surpassed $80 billion in value for the first time as Bitcoin trades above $125,000. As of press time, bitcoin traded at $125,420.83, valuing the company\u2019s digital asset portfolio at approximately $80.26 billion based on current market prices.<\/p>\n<p>Strategy held $73.21 billion in Bitcoin carrying value on its balance sheet as of Sept. 30, with a related deferred tax liability of $7.43 billion. As a result, the current holdings are already over $7 billion larger less than one week after the tally.<\/p>\n<p>As of Oct. 6, Strategy <a href=\"https:\/\/cryptoslate.com\/strategy-expands-bitcoin-holdings-to-record-649031-btc-despite-mstr-stock-slump\/\">holds 640,031 BTC<\/a> acquired at an aggregate purchase price of $47.35 billion with an average cost basis of $73,983 per BTC.<\/p>\n<p>The company recorded an unrealized gain of $3.89 billion during the quarter ended Sept. 30, partially offset by a deferred tax expense of $1.12 billion.<\/p>\n<p>Strategy adopted Accounting Standards Update No. 2023-08, effective Jan. 1, which requires the company to recognize increases or decreases in the fair value of digital assets in its consolidated statements of operations for each reporting period.<\/p>\n<p>The company acquired 42,706 BTC during the third quarter at an aggregate purchase price of $4.95 billion with an average purchase price of $115,959 per BTC.<\/p>\n<p>Strategy funded these purchases using net proceeds from multiple at-the-market equity offerings, including $2.07 billion from its class A common stock program, $2.47 billion from an underwritten offering of its STRC preferred stock, and smaller amounts from its STRF, STRK, and STRD preferred stock programs.<\/p>\n<p>Strategy\u2019s outstanding indebtedness totaled $8.24 billion as of Sept. 30, including $8.20 billion in convertible notes across six different series maturing between 2028 and 2032.<\/p>\n<p>The company\u2019s annual contractual interest expense on its convertible debt was $36.8 million, while its yearly dividends on preferred stock totaled $638.7 million.<\/p>\n<p>Additionally, Strategy\u2019s MSTR shares traded at $358.13 as of press time, making it the <a href=\"https:\/\/companiesmarketcap.com\/usa\/largest-companies-in-the-usa-by-market-cap\/?page=2\">105th largest publicly traded company<\/a> in the US with a market capitalization surpassing $101 billion as of Oct. 6.<\/p>\n<p>Coinbase ranks 108th among US public companies, with a market capitalization of over $99 billion.<\/p>\n<h6>Mentioned in this article<\/h6>\n<div>\n<h5>Latest <span>Bitcoin<\/span> Stories<\/h5>\n<\/div>\n<div>\n<header>\n<h5>Press Releases <i><\/i><\/h5>\n<\/header>\n<\/div>\n<\/div>\n<\/div>\n<p> Gino Matos <a href=\"https:\/\/cryptoslate.com\/strategy-reports-3-9b-bitcoin-gain-in-q3-becomes-the-106th-largest-us-public-firm\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strategy reports $3.9B Bitcoin gain in Q3, becomes the 106th largest US public firm Gino Matos \u00b7 6 days ago \u00b7 2 min read The company&#8217;s holdings surpassed $80 billion in value for the first time as Bitcoin trades above $125,000. Oct. 6, 2025 at 10:30 pm UTC 2 min read Updated: Oct. 7, 2025<\/p>\n","protected":false},"author":1,"featured_media":877318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[803,1053],"tags":[11476],"class_list":["post-877317","post","type-post","status-publish","format-standard","has-post-thumbnail","category-reports","category-strategy","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/877317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=877317"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/877317\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/877318"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=877317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=877317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=877317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}