Strategy reports USD 21.0 billion third-quarter gain. Strategy stock falls 4.65 percent

Published on 10/07/2026 at 15:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Strategy holds 848,000 bitcoin after a USD 21.0 billion third-quarter gain. Strategy stock costs EUR 139.51 on October 7, 2026 versus EUR 146.31.

Strategy, US5949724083, Illustration mit AI erstellt.

Strategy stock (ISIN US5949724083) was trading at EUR 139.51 at Lang & Schwarz on October 7, 2026 at 3:39 p.m. CEST, down 4.65 percent versus the EUR 146.31 prior close. On October 5, 2026, Strategy reported a USD 21.0 billion gain on digital assets for the third quarter. The market reaction puts the accounting swing beside a sharply lower euro quotation.

Digital assets reverse the loss

Yahoo Finance reported on October 5, 2026 that the gain covered the three months ended September 30, 2026. The result reversed the USD 8.22 billion net loss reported for the second quarter of 2026, which was driven by an USD 8.32 billion unrealized loss on digital assets.

The company also disclosed 848,000 bitcoin holdings and a purchase of 334 bitcoin for USD 28.7 million between October 1 and October 4, 2026. The release additionally reported a USD 176.0 million repurchase of STRC preferred shares, linking the treasury strategy with capital allocation decisions.

Citi lifts the valuation framework

According to CNBC on October 2, 2026, Citi raised its Strategy price target from USD 136 to USD 240 and maintained a Buy rating. The bank linked the revision to a more bullish bitcoin outlook and a higher valuation for Strategy's holdings.

Citi also identified a counter-factor: the company's growing cash reserve may be dilutive and reduce the benefit of its bitcoin holdings. That tension matters because the third-quarter gain is tied to fair-value changes, while the financing of additional purchases can affect ownership and valuation metrics.

Euro quotation under pressure

At Lang & Schwarz, Strategy stood at EUR 139.51 on October 7, 2026 at 3:39 p.m. CEST, compared with the EUR 146.31 prior close. The Nasdaq-listed shares were quoted at USD 156.55 in the finance data snapshot at 1:53 p.m. UTC on October 7, 2026, while the 52-week range was USD 81.81 to USD 336.36.

Market capitalization stood at USD 51.8 billion as of October 7, 2026. The valuation remains highly sensitive to bitcoin prices, the fair-value treatment of digital assets and the amount of equity or preferred securities used to fund treasury expansion.

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