Bitcoin Climbs After Strategy's $21 Billion Q3 Gains

Key Summary

Bitcoin trades near $85,356 after Strategy reported a $21 billion gain on its digital assets in Q3 2026, despite recent price volatility. The company's latest moves suggest buying, not selling, as it acquired 334 BTC and repurchased $176M of STRC preferred shares. The wider market is uncertain, with investors weighing softer US jobs data against higher Treasury yields and rising oil prices.