Key Takeaways
- • Strategy bought 250 BTC for about $21.5 million between October 5 and October 11, at an average of $86,194 per coin, lifting its holdings to 848,250 BTC worth roughly $70.7 billion, according to Crypto Briefing and The Block.
- • Strategy's average cost basis is $75,444 per coin, while Bitcoin trades near $83,400 per CoinMarketCap.
- • Solana trades at $111.61, up 7.55% in a week, even after its US funds ended a record 14-week run of inflows and saw $24.8 million leave in a single week, per The Block on October 10.
- • On October 11, the Sui Foundation committed $30 million to DATA Network, which will migrate its protocol to Sui; SUI trades at $1.12 per CoinMarketCap.
- • The source is a sponsored promotional piece for the Pepeto presale; its claims about returns, fees and listings are unverified marketing assertions, not independent analysis.
Summary
Strategy continued adding Bitcoin in early October. According to Crypto Briefing, the company bought 250 BTC for about $21.5 million between October 5 and October 11, bringing its total holdings to 848,250 BTC, valued at roughly $70.7 billion. The Block reported the purchase price averaged $86,194 per coin, while Bitcoin traded near $83,400 at the time of reporting, per CoinMarketCap. Strategy's average cost basis is $75,444 per coin, leaving the position in a gain despite the recent pullback.
Solana traded at $111.61, up 7.55% over the week, according to CoinMarketCap. The rally came despite a shift in institutional flows: US Solana funds ended a record 14-week run of inflows, and $24.8 million left in a single week, The Block reported on October 10.
On October 11, the Sui Foundation committed $30 million to DATA Network, which will move its full protocol onto Sui, according to The Block. DATA Network brings more than 250 million recorded contributions to the chain. SUI traded at $1.12 per CoinMarketCap.
The primary source is a sponsored article promoting the Pepeto presale, a meme coin that claims over $11.1 million raised, a cross-chain bridge, and a presale price of $0.00000019 per token. These claims, including projected 1000x returns, 160% staking APY and a forthcoming Binance listing, are promotional assertions from the presale project and are not independently verified. Institutional readers should treat them with caution and rely on the verified market data above.
Solana traded at $111.61, up 7.55% over the week, according to CoinMarketCap. The rally came despite a shift in institutional flows: US Solana funds ended a record 14-week run of inflows, and $24.8 million left in a single week, The Block reported on October 10.
On October 11, the Sui Foundation committed $30 million to DATA Network, which will move its full protocol onto Sui, according to The Block. DATA Network brings more than 250 million recorded contributions to the chain. SUI traded at $1.12 per CoinMarketCap.
The primary source is a sponsored article promoting the Pepeto presale, a meme coin that claims over $11.1 million raised, a cross-chain bridge, and a presale price of $0.00000019 per token. These claims, including projected 1000x returns, 160% staking APY and a forthcoming Binance listing, are promotional assertions from the presale project and are not independently verified. Institutional readers should treat them with caution and rely on the verified market data above.
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