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Bitcoin Snapshot Shows $80,111.58 Ahead of Strategy’s Q3 Results

Strategy is scheduled to release its third-quarter results after U.S. markets close Thursday and hold a webinar at 5 p.m. ET.

Mentioned assets
A gold token balances on the edge of a burgundy plinth / TokenPost.ai
A gold token balances on the edge of a burgundy plinth / TokenPost.ai

Bitcoin (BTC) was listed at $80,111.58 at 6:41 a.m. ET Thursday (10:41 UTC), ahead of Strategy’s scheduled third-quarter results after the U.S. market close.

Strategy held 848,517 BTC as of Oct. 25. Its reported average acquisition cost was $75,446 per coin, with total purchase costs of $64.02 billion.

Strategy also scheduled a webinar for 5 p.m. ET Thursday. Its Oct. 5 estimate put the gain on digital assets for the quarter ended Sept. 30 at $20.91 billion, with $1.88 billion in related deferred tax expense. The estimate was prepared by management and had not undergone an audit or review by Strategy’s independent auditor.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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