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Strategy Held 847,666 Bitcoin (BTC) at Third-Quarter End

The company estimated a $20.91 billion digital-asset gain and $1.88 billion in related deferred tax expense. Full results are scheduled for Oct. 29.

Updated 1 min read
The Strategy headquarters stands at 1850 Towers Crescent Plaza in Tysons Corner, Virginia. / TokenPost.ai
The Strategy headquarters stands at 1850 Towers Crescent Plaza in Tysons Corner, Virginia. / TokenPost.ai

Strategy reported holding 847,666 Bitcoin (BTC) on Sept. 30 and separately put the estimated carrying value of its digital assets at $70.82 billion ahead of its full quarterly report.

Strategy's preliminary figures listed an estimated $20.91 billion gain from digital assets alongside $1.88 billion in related deferred tax expense for the three months ended Sept. 30. Strategy said its management produced the estimates, which had yet to undergo a KPMG audit or review.

Strategy scheduled its full quarterly report for after U.S. markets close Thursday, Oct. 29. The company set a webinar for 5 p.m. ET that day, with video streams on Zoom, X and YouTube.

EconoTimes previously covered the estimate alongside Zacks’ earnings forecasts in its report on Strategy shares.

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