Analyst: Bitcoin Reclaims Strategy's 2026 Cost Basis, But Positions Bought Since 2025 Remain in Loss

According to TechFlow, on Oct. 29, analyst Darkfost said Strategy currently holds 848,517 BTC, with an overall average purchase cost of about $75,446. Bitcoin recently reclaimed Strategy's 2026 cost basis of about $78,900, but if all purchases since 2025 and sales at summer lows this year are factored in, the estimated cost is still about $90,600, above the current BTC price.

Darkfost said Strategy has resumed buying BTC after a pause of several weeks, but made no new purchases last week, so positions added since 2025 still have not achieved overall profitability.

Source: TechFlow