Strategy Moves 3,567 Bitcoin (BTC) Worth $297M Across Wallets in 9 Hours

3,567 BTC Shifted in 9 Hours

Strategy, the largest corporate holder of Bitcoin (BTC), moved 3,567.5 BTC — roughly $297 million at current prices — across multiple addresses in a nine-hour window, according to on-chain data recorded as of 01:55 UTC on September 29. The transfers came in 12 separate transactions, with individual outlays including 452.122 BTC, 396.582 BTC, 390.958 BTC and 380.792 BTC. An on-chain tracking post flagged the movement publicly, but the critical caveat stands: no exchange deposits or sell-side fills have been identified, so the flow may be nothing more than an internal wallet reshuffle or a custody reorganization rather than a whale exit. Context matters here. Strategy's last disclosed sale dates to August 10, when it disposed of 1,690 BTC at an average of $64,262 for about $109 million — and every filing since then has been on the buy side. Reading the transfer pattern against that record, the probability of outright distribution looks low, though the company has not commented and the destination wallets remain unconfirmed. For a firm whose HODL posture has defined its identity since 2020, any multi-hundred-million-dollar movement of coins draws scrutiny precisely because selling would mark a policy shift; we treat this as an unconfirmed custody event until exchange inflows appear on-chain. Bitcoin peers with large corporate treasuries watched the flow closely for that reason.

on-chain tracking posthttps://x.com/lookonchain/status/2104742200206835763

1,665 BTC Added Last Week, Holdings Hit 847,666

While the wallet movement raised questions, Strategy's official filing with the SEC shows the company was still accumulating through the same stretch. The 8-K, filed September 28, discloses that Strategy purchased 1,665 BTC between September 22 and 28 at an average price of $85,681 per coin, spending $142.7 million. Total holdings now stand at 847,666 BTC, with cumulative investment of $63.95 billion and a blended average cost basis of $75,437. The purchase was funded entirely through an MSTR common-stock offering: the company sold 1.47 million shares for net proceeds of $246.2 million, routing $142.7 million into Bitcoin and $103.5 million into repurchasing STRC preferred stock. In total, Strategy bought back 1.53 million STRC shares for $151.7 million — including an extra $48.1 million in cash — pushing its USD cash balance from $1.05 billion down to $1.0 billion, while its dividend reserve eased from $5.04 billion to $5.02 billion after $22.1 million in payouts. Notably, the STRC dividend rate has climbed to 11.5%, meaning the preferred stack now carries billions in annual servicing costs. This marks the second consecutive buying week — 950 BTC for $75.7 million landed mid-September — and two weeks combined total 2,615 BTC for roughly $218 million. Because the $85,681 entry price sits above the $75,437 book cost, each incremental coin raises the corporate average, a pattern repeated dozens of times across the firm's strategic Bitcoin reserve playbook. Smaller treasury operators such as Strive are running the same accumulation model at their own scale. Readers tracking the market in real time can follow live spot and futures prices on MEXC.

$82,376 Support in Focus

COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $82,376 support at 91/100, driven by confluence from EMA 20, the Ichimoku Kijun and Fibonacci projections — Bitcoin trades at $82,957, down 0.79% in 24 hours, directly above it. Overhead, the $84,022 resistance scores 76/100 via Pivot Point, Ichimoku Tenkan and a MACD cross, with $85,946 next at 74/100. RSI reads 58.83, MACD prints bearish short-term, yet the broader trend remains an uptrend. Funding sits at +0.0010% with $15.15 billion in open interest and a 1.46 long/short ratio, while the Fear & Greed Index at 73 signals Greed. A hold above $82,376 keeps the path open toward $84,022; a daily close below it — the invalidation level — exposes $77,075, rated 72/100.