Strategy Buys Bitcoin, NEAR ETF Launches, Binance Faces EU Scrutiny

October 6, 2026

WRITTEN BY

Crypto investor and blockchain researcher

Crypto markets opened October with major developments across institutional adoption, regulation, infrastructure and security. Strategy expanded its Bitcoin holdings, Bitwise launched the first US spot NEAR ETF, California restricted official-linked memecoins, and OKX moved toward tokenized US stock trading. Meanwhile, regulators targeted Binance’s EU operations and FinCEN abandoned two long-running crypto proposals. Here are the last week’s stories worth watching.

Strategy Adds 1,665 Bitcoin, Taking Holdings to 847,666 BTC

Strategy purchased another 1,665 Bitcoin between September 21 and September 27, spending approximately $142.7 million as the company continued expanding one of the world’s largest corporate BTC positions.

The company paid an average of $85,681 per Bitcoin for the latest purchase. Following the acquisition, Strategy held 847,666 BTC acquired for about $63.95 billion, including fees and expenses. Its portfolio-wide average acquisition price stood at $75,437 per Bitcoin.

Strategy financed the purchase partly through sales of its Class A common stock. It raised about $246.2 million in net proceeds from selling 1,469,165 shares. Of that amount, $142.7 million went toward Bitcoin and $103.5 million funded repurchases of STRC preferred shares.