Strategy reports USD 20.91 billion gain: Strategy stock sits 54.25 percent below its high

Published on 10/06/2026 at 11:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi lifted its target to USD 240.00 on October 2, 2026. Strategy stock costs EUR 146.96 after EUR 146.45, plus 0.35 percent.

Strategy, US5949724083, Illustration mit AI erstellt.

Strategy (ISIN US5949724083) estimated a USD 20.91 billion gain on digital assets for the three months ended September 30, 2026, while Strategy stock sits 54.25 percent below its USD 359.44 52-week high. The company disclosed the estimate and its latest bitcoin activity in a Form 8-K dated October 5, 2026, published by StockTitan.

Bitcoin holdings reach 848,000

Strategy acquired 334 bitcoin for USD 28.70 million between October 1 and October 4, 2026, taking aggregate holdings to 848,000 BTC. The same filing put the average purchase price for the full position at USD 75,440.70, compared with USD 85,838.80 for the latest purchase.

The third-quarter gain is an estimate rather than a completed quarterly report, and it came with USD 1.88 billion of associated deferred tax expense. The filing also reported USD 70.82 billion of digital-asset carrying value as of September 30, 2026, linking the income swing directly to bitcoin valuation.

Citi lifts target to USD 240.00

Yahoo Finance reported on October 2, 2026, that Citi raised its Strategy target from USD 136.00 to USD 240.00 while maintaining a Buy rating. Citi attributed 34.00 percent of its modeled upside to a higher bitcoin price and 16.00 percent to an expansion in Strategy's multiple to net asset value.

The valuation remains highly sensitive to bitcoin. Strategy's estimated third-quarter digital-asset gain reverses the USD 8.22 billion net loss reported for the second quarter of 2026, showing how quickly fair-value accounting can change reported earnings when the cryptocurrency moves.

Strategy stock remains highly volatile

Strategy stock was trading at EUR 146.96 at Lang & Schwarz on October 6, 2026 at 11:38 a.m. CEST, plus 0.35 percent versus the prior close of EUR 146.45 on October 5, 2026. On Nasdaq, MSTR was last at USD 164.43 on October 5, 2026 at 4:00 p.m. ET, with a 52-week range of USD 81.81 to USD 359.44 and market capitalization of USD 54.4 billion.

The further course of trading is shown by the continuously updated real-time quote of Strategy stock.