Strategy buys 334 BTC as MSTR shares swing with Bitcoin
Image: CoinGapeStrategy (NASDAQ: MSTR), formerly MicroStrategy, bought 334 BTC between October 1 and October 4. Bitcoin traded above $80,000 after retreating from recent highs. MSTR closed October 8 at $151.47, down 1.24%, it was up 2.3% in pre-market trading. Strategy also became the most tokenized company on-chain, with tokenized MSTR and STRC value reaching $491 million. Its mNAV ratio fell to 0.93.
Key points
- Strategy Inc. trades on Nasdaq under the ticker MSTR.
- Strategy bought 334 BTC between October 1 and October 4.
- Bitcoin traded above $80,000 during the period covered by the reports.
- MSTR reached a multi-month high above $170 before trading below that level.
Why it matters
Strategy's Bitcoin purchases and MSTR's share price are closely watched alongside Bitcoin by crypto users. Tokenized MSTR and STRC value and the mNAV ratio are also in focus.
What's unclear
MSTR's October 9 regular-session close is not stated.
Price context · BTC
At publication
$82,941.00
Now
$83,049.00
Change since
+0.13%
7 days · dashed line = publication
Sources · 2 publishers
Blockonomi
Tier 3
Strategy (MSTR) Stock Faces Fresh Test After Bitcoin Price Selloff
Coverage timeline
- First reported by CoinGape
- Confirmed by Blockonomi
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
