The 24-hour rolling change is $BTC -0.73%. This number only says that the spot price fell 0.73% over the past 24 hours; it does not directly indicate net capital outflow, and it certainly cannot be used to determine who is buying or selling based on price movement alone. When reading institutional news, I care more about the time window: how many coins are on a company’s books and how many were newly bought this week are two different things.
Gold Finance reported on October 26, 2026 that, according to on-chain analyst Yu Jin, Strategy did not purchase BTC last week and currently holds 848,517 BTC, worth about $68.075 billion, with an average cost of $75,446. The number of holdings and their valuation are stock information; “did not purchase last week” describes buying activity over a period of time. Reading the holding size directly as continuous buying would make the accounts inconsistent.
This disclosure can show that Strategy made no new purchases that week, but it cannot represent whether other institutions or the entire market had buying pressure, nor can it explain the 24-hour decline. The reported unrealized profit of about $4.058 billion is a book result calculated from its holding cost and current value; it is not realized profit, and it is certainly not new money flowing into the market. Institutional holdings, period purchases, and market net flows must be viewed separately.
I will continue to verify the direct spot or ETF net flows within the same time window, as well as Strategy’s subsequent holding changes; without these data, I will not link price changes and one company’s actions as cause and effect. Prices can tell me that the quoted price changed, and news can tell me what one company did during the week, but to know where market money is actually flowing, I still need flow data under the corresponding measure.
Gold Finance reported on October 26, 2026 that, according to on-chain analyst Yu Jin, Strategy did not purchase BTC last week and currently holds 848,517 BTC, worth about $68.075 billion, with an average cost of $75,446. The number of holdings and their valuation are stock information; “did not purchase last week” describes buying activity over a period of time. Reading the holding size directly as continuous buying would make the accounts inconsistent.
This disclosure can show that Strategy made no new purchases that week, but it cannot represent whether other institutions or the entire market had buying pressure, nor can it explain the 24-hour decline. The reported unrealized profit of about $4.058 billion is a book result calculated from its holding cost and current value; it is not realized profit, and it is certainly not new money flowing into the market. Institutional holdings, period purchases, and market net flows must be viewed separately.
I will continue to verify the direct spot or ETF net flows within the same time window, as well as Strategy’s subsequent holding changes; without these data, I will not link price changes and one company’s actions as cause and effect. Prices can tell me that the quoted price changed, and news can tell me what one company did during the week, but to know where market money is actually flowing, I still need flow data under the corresponding measure.
