strategy

TON Strategy Company (TONX), listed on NASDAQ, announced its Q3 2026 financial report, with revenue of $13.1 million, primarily from staking rewards of its GRAM treasury, down from $15 million in Q2. As of the end of the quarter, the company held approximately 235.1 million GRAM (formerly Toncoin), valued at $348.5 million, of which 232.9 million were staked, with an annualized gross yield of about 16%. During the same period, the company repurchased $5.7 million in stock and supported the TON network upgrade while launching the native Gram Wallet on Telegram.The financial report showed that TON Strategy had a net loss of $24 million for the quarter, which included an unrealized loss of $27.2 million on its GRAM holdings, compared to an unrealized gain of $82.8 million in the previous quarter. The company stated that it has made progress in cost structure efficiency after ending the business inherited from VERB. CEO Kevin Wilson mentioned that GRAM has been integrated into several existing services of Telegram, including advertising payments and creator monetization, with TON supporting on-chain ownership and transfer of Telegram usernames and gifts; the expansion of access to the native wallet is expected to make GRAM more convenient for payments and transfers, bringing more opportunities for consumer-grade applications based on TON.TON Strategy was formerly Verb Technology Company, which raised approximately $560 million in a deal led by Kingsway Capital in August 2025, transforming into a treasury company for The Open Network's native token, which was renamed Gram earlier this year. Pavel Durov, founder and CEO of Telegram, stated on X on Monday that over 700,000 self-custody wallets were created on Telegram in the past 48 hours. TONX's stock price rose 2.4% on Tuesday, with an annual increase of nearly 25%.

Mark Moss, co-founder of Bitcoin Opportunity Fund, stated in the Cointelegraph podcast Trade Secrets that Wall Street's and the U.S. government's acceptance of Bitcoin has created "the best buying opportunity in history." Moss first bought Bitcoin in 2015 at around $300, when the risks were extremely high, and now there is consensus from the U.S. government and Wall Street, but most people still view it as a scam. This skepticism is precisely the source of the buying opportunity. He believes Bitcoin is crossing the "chasm" between early adopters and mainstream investors, with banks and ETFs lowering the barriers to entry, and financial advisors may also persuade hesitant clients to enter the market.In terms of market conditions, Bitcoin briefly surged above $80,000 after the U.S. midterm elections, then retraced its gains alongside tech stocks, dropping to $74,762 on Friday, the lowest since August, and further dipping to around $73,500 on Sunday. Moss pointed out that the price did not significantly drop after the $6.3 billion Binance hack, indicating that selling pressure is waning. The capital flow for U.S. spot Bitcoin ETFs fluctuated sharply during election week, with a net inflow of about $75 million on Wednesday and a net outflow of $430 million on Thursday. He cited data going back to 2014, stating that Bitcoin averaged a 53% increase in the 12 months following previous U.S. midterm elections, and he expects it to reach an all-time high by 2027.Moss believes the most worthwhile Bitcoin treasury company to hold is MicroStrategy (MSTR), which has been buying Bitcoin since 2020 and held 849,327 BTC as of November 2, accounting for over 4% of Bitcoin's maximum supply. However, he stated that he would not exchange his held Bitcoin for its stock. According to his model, under the conditions where Bitcoin competes for investor wealth against stocks, bonds, gold, and real estate, the price is expected to reach $1 million, potentially by 2030, or at the latest by 2032.

According to official news, HIVE Protocol announced that it will officially launch on November 12 at 08:08 (UTC+8). This is an on-chain micro-strategy experiment based on the Web3 framework, aimed at exploring the community-built asset aggregation path for BNB.The protocol is initiated by DBCC (DAOBase Chinese Community), built on BEE, and receives technical and transparency support from DAOBase's "Build on BEE" policy, but it is not an official product of DAOBase. The protocol uses BNB as the core reserve asset and executes through smart contracts, featuring real-time verification of on-chain data, liquidity permission destruction, and mechanism automation, driven by community consensus to promote asset aggregation.According to the project plan, HIVE Protocol has a clear lifecycle, and after completing phase goals, the reserve assets will flow back into the ecosystem. The project positions this experiment as a practice of DAOBase's concept of "not just an aggregation engine for BNB, but also a builder of the BNB ecosystem," and will subsequently be subject to market and community evaluation.

According to official news, Morgan Stanley has reached an agreement to acquire Vinyl Equity. Vinyl Equity is a digital equity transfer agency and shareholder record management platform registered with the U.S. Securities and Exchange Commission (SEC).This acquisition will add equity transfer agency services to Morgan Stanley's Morgan Stanley at Work, integrating equity structure management, equity incentive management, share transfer, and wealth management services, providing integrated services for enterprises and shareholders covering both private and public markets. Morgan Stanley stated that this acquisition will also strengthen its digital asset ecosystem, providing critical infrastructure for future asset tokenization plans. Vinyl's digital technology is expected to drive upgrades in the recording, transfer, and management of equity ownership, aligning with the development of blockchain technology, atomic settlement, and asset tokenization. The transaction is still subject to customary closing conditions and is expected to be completed in the first quarter of 2027.

According to official news, Strategy bought 1,037 BTC last week, increasing its holdings to 850,364 BTC.

The largest asset management company in Europe, Amundi, with a management scale of 2.9 trillion USD, disclosed that it has increased its holdings in Strategy by 584,053 shares, valued at 72.3 million USD.Amundi currently holds a total of 1.92 million shares of Strategy, valued at 238.3 million USD, with an increase in holdings of 43.7%.

According to the information released by the SEC, MicroStrategy (MSTR) director Patten Jarrod M sold 4,750 shares of the company's stock on November 4 at an average price of $141 per share, for a total value of approximately $669,800. After the transaction, his direct holdings decreased to 72,741 shares.

According to The Defiant, Bitcoin fell below an average purchase cost of $75,451 per coin on November 8, Eastern Time. The trading price of BTC-USD on Coinbase at 05:54 on November 9, Beijing Time, was $74,862.89.Strategy previously disclosed that as of November 1, it held 849,327 BTC, with a purchase cost of $64.08 billion (including fees). Based on the above quote, the value of the holdings is approximately $63.58 billion, about $500 million lower than the purchase cost.In its quarterly report for the period ending September 30, Strategy stated that none of its held Bitcoins were pledged as collateral. As of November 1, the company also had $4.79 billion in reserves to support preferred stock dividends and interest payments.

According to the official announcement from OneBullEx, the platform has launched the Spartans Strategy Ambassador Program, aimed at establishing a strategy recommendation cooperation mechanism for traders, KOLs, and community managers. All platform users can apply to become ambassadors, recommending quality traders to the platform; once the recommended strategies go live and meet the standards, ambassadors can receive cash referral rewards and long-term profit sharing.It is introduced that this program combines strategy resources with continuous performance evaluation, aiming to strengthen the connection between strategy teams, professional traders, and communities, and expand the cooperation network of the Spartans ecosystem. Relevant rewards will be determined based on the actual performance of the strategies after they go live and the platform's review results. The cash reward for a single strategy can reach up to 3,300 USDT plus AUM profit-sharing rewards.

On November 2, the digital asset treasury company Strategy disclosed in a filing that as of November 1, its designated dollar reserves amounted to $4.79 billion, with an additional cash balance of $132.7 million. From October 26 to November 1, the company paid $43.4 million in preferred stock dividends from that reserve.In September, Strategy disclosed the repurchase of $176 million in STRC and expanded its securities repurchase authorization to $2 billion; by the time of the October performance report, the authorized amount increased to $3 billion. From October 26 to November 1, the company repurchased $208.2 million in STRC. As of the October performance report in 2026, Strategy raised approximately $431.8 million for dividends and repurchases through the sale of Bitcoin.As of November 1, STRC dividends are accrued daily, covering weekends and holidays, and are processed for payment on business days. STRC has no collateral rights over the Bitcoin held by Strategy, and its payment ability depends on the issuer's resources.

According to the official announcement from OneBullEx, the Spartans strategy ecosystem has launched the "Real Gold Seed Program," which provides real capital support for individual traders and professional strategy teams worldwide. Under this program, the platform will provide initial funding, and eligible strategy providers do not need to invest their own funds to start live trading on Spartans, offering eligible strategy owners the opportunity to expand their management scale.OneBullEx stated that the "Real Gold Seed Program" is part of OneBullEx's efforts to advance the Spartans strategy ecosystem, aiming to connect professional strategy providers with platform resources, exploring collaborative paths from strategy discovery, live evaluation to capital support, and further expanding the network of traders and strategy collaborations within Spartans.

According to the official announcement from OneBullEx, the Spartans strategy ecosystem has officially launched the "Leverage Plan," with a Q4 investment pool size of 2 million USDT to support high-quality strategies that have been evaluated through real trading assessments.Under the plan framework, the maximum co-investment amount can reach up to 20 times the strategy provider's own capital, with a single strategy Bot's co-investment cap set at 1 million USDT, and the actual scale will depend on the review results and related conditions. This plan establishes a tiered cooperation mechanism centered around strategy performance, capital support, and continuous evaluation, aiming to connect strategy development with actual trading scenarios. OneBullEx stated that the plan aims to provide larger capital scales for strategy providers that have proven their capabilities in Spartans, promoting the construction and continuous growth of the Spartans strategy ecosystem.

Bitcoin News posted on platform X that Strategy purchased 811 BTC in the last week of October, costing approximately 65.5 million USD, increasing its holdings to 849,327 BTC, valued at about 6.59 billion USD.Arkham data shows that as of November 3, its unrealized profit is approximately 919 million USD; for every 1,000 USD change in Bitcoin price, the holding's paper result changes by about 850 million USD.

Bitcoin Treasuries posted on platform X that the funds raised by Stretch (STRC) yesterday are estimated to be enough to purchase over 120 Bitcoins. After more than 170 days, the Bitcoin issuance of STRC has resumed.

Strategy founder and chairman Michael Saylor posted on X that Florida has elected a Republican governor who supports a U.S. Bitcoin reserve, and Texas has elected a Democratic senator who previously voted in favor of establishing a Bitcoin reserve in the state. The reasons for holding Bitcoin transcend party lines.In the 2026 midterm elections, Republican federal representative Byron Donalds defeated Democrat David Jolly to become the governor of Florida. He proposed H.R. 2112, which aims to provide legal authority for an executive order to establish a federal strategic Bitcoin reserve and digital asset reserve, and stated during his campaign that Florida already has proposals for establishing a strategic reserve.Democratic state representative James Talarico defeated Republican Ken Paxton to become the federal senator from Texas, making him the first Democrat to win a statewide election in the state since 1994. Legislative records show that he voted in favor of SB21, which aimed to establish a strategic Bitcoin reserve in Texas during his time as a state representative. Texas Governor Greg Abbott has signed related legislation in 2025.

According to BBX data, the global capital markets have recently announced the latest developments in digital asset treasury increases and mining operations, with the core information as follows:Strategy (NASDAQ: $MSTR) increased its holdings by 811 BTC, bringing total holdings close to 850,000: According to SEC filings, Strategy purchased 811 bitcoins at an average price of approximately $80,846 from October 26 to November 1, totaling about $65.5 million (funds sourced from the MSTR stock ATM program). During the same period, the company net raised $164 million through the ATM program and repurchased 2,092,035 shares of STRC preferred stock for $208.2 million. As of November 1, Strategy has accumulated a total of 849,327 bitcoins (total holding cost approximately $64.08 billion, average price about $75,451). The company used $43.4 million to pay preferred stock dividends, with a current dollar reserve balance of $4.79 billion and a dollar cash balance of $132.7 million.Strive (NASDAQ: $ASST) purchased 124 BTC, cash reserves reached $490 million: From October 24 to 30, Strive bought 124 bitcoins at an average price of approximately $80,526 (including fees). As of October 30, Strive's total bitcoin holdings increased to 43,124. Its cash and cash equivalents amount to $490 million (a decrease of $14 million from last week), and it also holds approximately $50.06 million in fair value of 505,000 shares of Strategy STRC preferred stock. In terms of equity, its SATS preferred stock and Class A common stock outstanding slightly increased to 7,003,418 shares and over 118.1 million shares, respectively.Super League Enterprise (NASDAQ: $SLE) tests digital treasury, purchased 8 BTC: Nasdaq-listed Super League Enterprise disclosed that it bought 8 bitcoins at an average price of approximately $78,532.14 from October 28 to November 1. SLE officially stated that this move is part of the company's exploration of using bitcoin alongside cash and cash equivalents as part of its treasury asset reserves.Cipher Digital (NASDAQ: $CIFR) released Q3 financial report, net profit reached $31.6 million: Bitcoin mining company and data center developer Cipher Digital announced its Q3 2026 financial report. Total revenue for the quarter was $26.7 million, a year-on-year decrease of 62.8% (mainly due to a sharp decline in bitcoin mining revenue). However, thanks to a non-cash gain from the fair value change of $127 million in warrant liabilities, the company achieved a net profit of $31.6 million (compared to a net loss of $3.28 million in the same period last year). Adjusted EBITDA for the quarter was negative $9.96 million. As of September 30, the company had cash and cash equivalents reserves of $656 million.

According to SoSoValue data, as of 8 AM Eastern Time on November 2, 2026, the total net inflow of Bitcoin allocated by global listed companies (excluding mining companies) in the past week was $75.49 million, a decrease of 85.2% compared to the previous week.Strategy (formerly MicroStrategy) purchased 811 Bitcoins last week at a price of $80,846, spending approximately $65.5 million, bringing its total holdings to 849,327 Bitcoins. The Japanese listed company Metaplanet did not purchase any Bitcoin last week.Additionally, one company announced the purchase of Bitcoin or disclosed its holdings last week. Asset management company Strive announced on November 2 that it spent approximately $9.99 million to purchase 124 Bitcoins at a price of $80,526, bringing its total holdings to about 43,124 Bitcoins.As of the time of publication, the total number of Bitcoins held by global listed companies (excluding mining companies) is 1,168,864, an increase of 0.09% compared to two weeks ago; the current market value is approximately $91.16 billion, accounting for 5.8% of Bitcoin's circulating market value.

According to SEC filings, Strategy purchased 811 Bitcoins at an average price of approximately $80,846 from October 26 to November 1, 2026, totaling about $65.5 million, with funds coming from the MSTR stock ATM program.During the same period, Strategy sold 1,178,552 shares of MSTR through the ATM program, raising a net amount of $164 million, of which $65.5 million was used to buy Bitcoin, and $98.5 million was accounted for as cash in USD; and repurchased 2,092,035 shares of STRC preferred stock for $208.2 million.As of November 1, Strategy held a total of 849,327 Bitcoins, with a total holding cost of approximately $64.08 billion, and an average holding price of about $75,451. During this period, Strategy used $43.4 million from its USD reserves to pay preferred stock dividends, and as of November 1, the balance of USD reserves was $4.79 billion, with a cash balance of $132.7 million.Original news content: According to data from Strategy's official website, Strategy's total holdings increased from 848,517 to 849,327, adding 810 Bitcoins; the implied equity of MSTR increased by 1,178,466 shares, and the number of Bitcoins held per share decreased from 187,753 Satoshis to 187,443 Satoshis; the circulating face value of STRC preferred stock decreased by $209 million to $8.182 billion, and the annual preferred stock dividend decreased from $1.509 billion to $1.484 billion.