Bitcoin news: 30 to 31 October 2026
3 stories from the Bitcoin world, 30 to 31 October 2026, each in a few sentences. Published 31 October 2026.
30 October 2026
Strategy reports $19.5 billion third-quarter profit and a new finance chief
Strategy reported net income of $19.53 billion for the third quarter, almost all from a $20.91 billion gain in the value of its bitcoin. It bought 7,218 bitcoin in the quarter, down from 85,296 in the second, and sold 5,552 to pay preferred share dividends and buy back shares. Finance chief Andrew Kang leaves on 5 November, and Reza Virasteh takes the role on 1 January 2027.
The largest company holder of bitcoin bought far less than before and sold some coins to pay its shareholders.
Source: Unchained
30 October 2026
Binance hot wallet hack pulls bitcoin below $77,000
Binance said a breach of its hot wallet cost about $6.3 billion, that customer funds held in cold storage were not touched and that it will cover all losses from company funds. It said about $3 billion of the stolen assets has been frozen with partners and police, and paused withdrawals with a restart target of about 45 hours. Bitcoin fell below $77,000, about 5% down in 24 hours, and a CoinDesk trace found the 18,270 stolen bitcoin resting in 19 wallets.
Anyone with bitcoin on Binance cannot withdraw for now, and the stolen coins could be sold once they move.
Source: CoinDesk
29 October 2026
Spot bitcoin funds take in money for a fourth day in a row
US spot bitcoin funds took in a net $17.07 million on 29 October, after $137.33 million the day before. BlackRock's IBIT added $12.80 million and Fidelity's FBTC $10.53 million, while the Grayscale Mini Trust lost $15.35 million. The funds held about $104.27 billion in total.
Fund demand stayed positive going into the Binance hack, though the daily amount was small.
Source: FinanceFeeds
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