Strategy Bitcoin purchase figures in its October 5, 2026 Form 8-K show a 334 BTC acquisition for $28.7 million during October 1–4. The funding matters as much as the headline quantity: $15.7 million came from net common-share sale proceeds and $13.0 million from the company’s USD Cash.
Strategy Bitcoin purchase: cost is not a live quote
The filing reports an average purchase price of $85,838.8 per bitcoin, inclusive of fees and expenses. It lists total holdings of 848,000 BTC at October 4, 4 PM Eastern Time. That is an issuer’s stated acquisition record and holdings snapshot, not a verified October 6 exchange price.
CapKet explanation: An average across purchases can combine transactions at different times. Transaction expenses also affect the reported cost. Comparing that figure with a headline market quote without matching the timestamp and cost basis can produce a misleading conclusion about how cheaply the company bought.
How cash and share issuance financed the acquisition
CapKet arithmetic: $15.7 million plus $13.0 million equals the disclosed $28.7 million total. Based on those rounded amounts, share-sale proceeds supplied about 55% and cash about 45%. The financing split describes this reported acquisition; it does not describe every purchase in the company’s history.
New equity financing and spending existing cash have different implications. Issuing shares changes the equity base, while using cash changes liquid resources. Neither observation alone establishes whether value per share improved. A reader would need the broader share count, assets, liabilities and financing terms before drawing that conclusion.
What the filing supports—and what it does not
The October 5 report supports the stated acquisition period, quantity, costs and funding sources. It does not prove that this buying caused a market rally, identify the price available now or guarantee future returns. This article does not measure Bitcoin’s current session performance or forecast its next move.
A corporate treasury position also differs from directly holding Bitcoin or buying a fund. The company’s securities have their own claims, capital structure and trading risks. Treat a holdings headline as one input for further research, not a complete valuation.
For context on a separate regulatory development, see our SEC crypto custody proposal explainer. A proposal is not a final rule, and that story does not validate this company’s purchase economics.
Primary evidence, observed October 6, 2026 at 14:53 IST: Strategy’s official filing library and its October 5 Form 8-K, BTC table and funding footnotes. CapKet has not independently audited the issuer’s figures. Automated checks are not human editorial approval.