Geopolitics Alpha

Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC

Published . Updated .

The firm's Bitcoin holdings hit a record 848,000 BTC, while the quarterly gain is a fair-value mark carrying $1.88 billion in deferred tax.

Directly affected

  • MSTR Strategy

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • BITX 2X BITCOIN STRATEGY ETF

    GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • NVDY YIELDMAX NVDA OPTION INCOME STRATEGY ETF

    GA selected NVDY as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • TSLY YIELDMAX TSLA OPTION INCOME STRATEGY ETF

    GA selected TSLY as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • GDE WISDOMTREE EFFICIENT GOLD PLUS EQUITY STRATEGY FUND

    GA selected GDE as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BCI ABRDN BLOOMBERG ALL COMMODITY STRATEGY K-1 FREE ETF

    GA selected BCI as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
MSTR———————
IBIT———————
COIN———————
MARA———————
RIOT———————
HOOD———————
BITX———————
NVDY———————
TSLY———————
GDE———————
BCI———————

The firm's Bitcoin holdings hit a record 848,000 BTC, while the quarterly gain is a fair-value mark carrying $1.88 billion in deferred tax.

Source: Decrypt

The price since 5 Oct 2026: 2X Bitcoin Strategy Etf (BITX) versus the S&P 500

Since the first closing price after “Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC,” 2X Bitcoin Strategy Etf (BITX) is -9.29%. The S&P 500 fund (SPY) is -1.60% over the same days, a -7.69% difference versus the market.

BITX
SPY

Who gains and who loses around 2X Bitcoin Strategy Etf (BITX)

Companies mentioned with this story

  • BITX 2X Bitcoin Strategy Etf

    In “Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC,” 2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • NVDY Yieldmax Nvda Option Income Strategy Etf

    Yieldmax Nvda Option Income Strategy Etf (NVDY) is linked, with no stored direction, medium confidence in the 5 Oct 2026 story “Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC.” Reason on file: GA selected NVDY as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • TSLY Yieldmax Tsla Option Income Strategy Etf

    For “Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC,” Yieldmax Tsla Option Income Strategy Etf (TSLY) is linked, with no stored direction, medium confidence. Reason on file: GA selected TSLY as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GDE Wisdomtree Efficient Gold Plus Equity Strategy Fund

    For “Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC,” Wisdomtree Efficient Gold Plus Equity Strategy Fund (GDE) is linked, with no stored direction, medium confidence. Reason on file: GA selected GDE as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BCI Abrdn Bloomberg All Commodity Strategy K-1 Free Etf

    Abrdn Bloomberg All Commodity Strategy K-1 Free Etf (BCI) is linked, with no stored direction, medium confidence in the 5 Oct 2026 story “Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC.” Reason on file: GA selected BCI as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GOLY Strategy Shares Gold Enhanced Yield Etf

    For “Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC,” Strategy Shares Gold Enhanced Yield Etf (GOLY) is linked, with no stored direction, medium confidence. Reason on file: GA selected GOLY as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

2X Bitcoin Strategy Etf (BITX)

2X Bitcoin Strategy Etf (BITX) is the company in “Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC,” the 5 Oct 2026 this story story.

For 2X Bitcoin Strategy Etf (BITX), the reason on file says GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Yieldmax Nvda Option Income Strategy Etf (NVDY), is listed for a different reason: GA selected NVDY as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates in the story, and the 2X Bitcoin Strategy Etf (BITX) price range

BITX traded between 17.70 and 21.33 across 20 sessions. The latest close on file is 18.59. NVDY traded between 11.63 and 13.18 across 20 sessions. The latest close on file is 11.86. TSLY traded between 20.47 and 23.19 across 20 sessions. The latest close on file is 21.46.

What the saved facts support for 2X Bitcoin Strategy Etf (BITX)

46 out of 100

“Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.