Strategy’s Bitcoin Treasury Reaches 848,000 After 334 BTC Buy

Crypto Insight Summary: Strategy added another 334 BTC for $28.7 million, bringing its bitcoin holdings to exactly 848,000 BTC as of Oct. 4. The company paid an average $85,838.80 per coin in the latest purchase, while its entire bitcoin position carries a $63.97 billion cost basis. Michael Saylor also disclosed a roughly $21 billion third-quarter gain on digital […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large institutional purchase signals continued institutional interest in Bitcoin.