Bitcoin traded around the mid-$80,000s as October started with a modest risk-on tone. Corporate treasury activity, ETF flows, and a few policy and infrastructure updates stood out more than broad altcoin news.
Strategy reports large quarterly gain, keeps buying BTC and STRC
Strategy said it posted a $21 billion Q3 gain, lifted its Bitcoin holdings to a record 848,000 BTC, bought about $29 million more in BTC, and repurchased $176 million in STRC. Separate reports said the company bought 334 BTC for about $28.7 million while spending $176.3 million on roughly 1.77 million STRC shares.
Sources: Decrypt, Cointelegraph
Metaplanet expands its Bitcoin funding playbook
Metaplanet said it is revising its capital allocation framework to direct as much as 15% of total assets into strategic investments to support Bitcoin accumulation. Related reports said the company sold 10,000 BTC and bought back 11,000 BTC, leaving it with 44,000 BTC after adding a net 1,000 BTC in the third quarter.
Sources: Cointelegraph, Decrypt, CoinDesk
Bitcoin holds near $86,000 as traders watch macro signals
Bitcoin traded above $86,000 but remained below $87,000 after a move toward that level reversed. Reports pointed to a stronger U.S. dollar, higher bond yields, and traders pricing out an October Fed hike as background, with key price averages nearing a potentially bullish technical setup.
ETF flows favor Bitcoin over Ether
Bitcoin ETFs logged a third straight week of inflows, while Ether ETFs saw outflows of $138 million. Earlier October data also showed spot Bitcoin ETFs taking in $134.4 million over the first two trading days of the month.
Sources: Cointelegraph, Decrypt
Ether staking queue grows, but infrastructure moves continue
Ethereum’s exit queue reached its longest point of 2026, while the wait to enter staking was still around 25 days and had eased from earlier in the quarter. Separately, Kraken operator Payward and Singapore Gulf Bank said they will roll out 24/7 U.S. dollar settlement for selected institutional clients in Asia and the Gulf region.