‘More orange than ever’: Michael Saylor’s Strategy buys 334 bitcoin for $28.7 million as total holdings top 848,000 BTC

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: The Block
‘More orange than ever’: Michael Saylor’s Strategy buys 334 bitcoin for $28.7 million as total holdings top 848,000 BTCWorldPing
Image via The Block.

What happened

Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $73 billion.

Key facts

  • Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $73 billion.
  • Reported by The Block and published Mon, 05 Oct 2026 12:13:28 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Metaplanet added 1,000 bitcoin net in the third quarter bringing holdings to 44,000 BTC

  2. ‘More orange than ever’: Michael Saylor’s Strategy buys 334 bitcoin for $28.7 million as total holdings top 848,000 BTC

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

  4. Bitcoin Price Grinds at $86K as Resistance Refuses to Give Way

  5. Strategy opts for bigger spending on STRC buybacks over BTC purchases

  6. Bitcoin gets a 20-day window to see whether energy relief can move the Fed

  7. Metaplanet reveals net income strategy to fuel Bitcoin accumulation

Sources

The original report was published by The Block. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at The Block

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

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.

Brief by WorldPing · Original reporting by Bitcoin.com

Bitcoin Price Grinds at $86K as Resistance Refuses to Give WayWorldPing
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Bitcoin Price Grinds at $86K as Resistance Refuses to Give Way

Bitcoin’s price held between $85,800 to $86,000 per unit on Oct. 5 at 8:45 a.m. Eastern time, with its larger trend still favoring bulls, yet the market was pressing directly into resistance rather than breaking free.

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