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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 23 sources · 30 days · First seen · Last updated
Corporate Bitcoin treasury management trends
Overview
Strategy Inc. and Metaplanet have implemented significant updates to their corporate Bitcoin treasury strategies throughout the third quarter of 2026.
In early September, Strategy Inc. expanded its holdings to 845,050 BTC following a US$ 370 million purchase. The company’s CEO, Phong Le, defended a strategy of selling Bitcoin units and repurchasing them at higher prices. Under new reporting methodologies, the company emphasizes net Bitcoin reserves, which were valued at approximately US$ 52.5 billion after accounting for obligations to preferred shareholders and convertible debt.
By October, Strategy Inc. reported approximately $21 billion in unrealized Bitcoin gains for the third quarter, driven by a 43% rally in Bitcoin prices. Total holdings reached 848,000 BTC, which included a recent acquisition of 334 BTC for $28.7 million and a US$ 176 million expenditure to repurchase STRC preferred stock.
During the same period, Strive accelerated its accumulation, purchasing 2,000 BTC for approximately $169 million between late September and early October. This brought Strive’s total holdings to 29,462 BTC, funded through SATA preferred stock and warrant exercises.
Tokyo-listed Metaplanet increased its holdings to 44,000 BTC as of September 30. Metaplanet’s strategy involved selling 10,000 BTC to demonstrate liquidity and improve creditworthiness before repurchasing 11,000 BTC. The firm revised its capital allocation policy to maintain 85% to 90% of its total assets in Bitcoin.
Entities
Michael Saylor · Strategy · Strive · Bitcoin · Super League Enterprise
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 6 SOURCES] Metaplanet held 44,000 Bitcoin as of September 30, 2026, following a net increase of 1,000 BTC during the third quarter.
- [● 5 SOURCES] Strategy reported approximately $21 billion in unrealized gains on its digital assets for the third quarter of 2026.
- [● 5 SOURCES] As of October 4, 2026, Strategy holds 848,000 Bitcoin.
- [● 5 SOURCES] Strive purchased 2,000 Bitcoin for approximately $169 million, bringing its total holdings to 29,462 BTC.
- [● 3 SOURCES] Strategy acquired 334 Bitcoin for approximately $28.7 million between October 1 and October 4, 2026.
- [● 3 SOURCES] Strategy spent $176 million repurchasing STRC preferred stock between September 28 and October 4, 2026.
- [● 2 SOURCES] Metaplanet revised its capital allocation policy to maintain 85% to 90% of its total assets in Bitcoin.
- [○ 1 SOURCE] Nasdaq-listed DeFi Development (DFDV) announced its Solana holdings reached approximately 2,564,212 SOL, valued at $302 million.
Timeline
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[BUSINESS] 20 sourcesStrategy, Strive, and Metaplanet expand Bitcoin treasury holdings
Strategy, Strive, and Metaplanet are significantly increasing their Bitcoin holdings. Strategy reported $21 billion in Q3 unrealized gains, while Strive and Metaplanet continue aggressive accumulation.
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[BUSINESS] 5 sourcesStrategy Inc. expands Bitcoin holdings to 845,050 BTC
Strategy Inc. expanded its Bitcoin holdings to 845,050 BTC following a US$ 370 million purchase, bringing its total gross holdings to approximately US$ 74 billion.
Sources
abcbourse.com · bittimes.net · blocktempo.com · coincu.com · coindeskjapan.com · coindoo.com · coinpedia.org · coinpost.jp · criptofacil.com · crypto.news · cryptobriefing.com · cryptoslate.com · cryptoweek.fr · it-boltwise.de · kryptouutiset.net · neweconomy.jp · news.bitcoin.com · siamblockchain.com · sondakika.com · spacemoney.com.br · themarketperiodical.com · tokenpost.com · tronweekly.com
This summary has been updated 3 times: see revision history